Math Help - Effective interest rate ?

1. Effective interest rate ?

1) A car dealer is offering a $1500 rebate or financing at 2% APR over 36 months. The price of the car is$17,000.A minimum down payment of 20% is required. What is the effective interest rate for the loan?

2. What loan? You have not specified sufficient information.

Are the payments to be monthly?

What IS the down payment? Defining a minimum is no good.

Are you taking the rebate or the low interest?

Is 36 months the term of the loan? Maybe the rate rest to 12% after 3 years.