In a moment of insanity, you went to a dealer to purchase a…

In a moment of insanity, you went to a dealer to purchase a new Chevy Suburban.  The price was $78,000.  Fortunately, the dealer is offering special incentives and you can get either 1.99% financing over 72 months, or a $5,000 rebate.  What is the true cost of the deal financing?  Enter your answer in decimal format, using four decimal places.  For example, 6.25% would be .0625