Problem $12-13($Algo$)$ Internal rate of return $[$LO$12-4]$

Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $$38,000.$ The annual cash inflows for the

next three years will be:

Use $A_{?}$ ppendix B and $A_{?}$ ppendix D for an approximate answer but calculate your final answer using the financial calculator method.

a$.$ Determine the internal rate of return.

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

Internal rate of return

$\%$