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What is my annual interest rate on my boat loan with the following terms? 3 6 months, $ 3 6 , 0 0 0 purchase,

What is my annual interest rate on my boat loan with the following terms? 36 months, $36,000 purchase, 20% down payment, payment of $1297 each month.
Hint: Do not forget to convert to an annual rate.
Hint: Down payments are subtracted from the purchase amount when calculating the present value.
Question 11 options:
3%
None of these
17.75%
34.64%
5.83%
2.89%

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