The local supermarket is considering investing in self-checkout kiosks for its customers. The self-checkout kiosks will cost $48,000 and have no residual value. Management expects the equipment to result in net cash savings over three years as customers grow accustomed to using the new technology: $14,000 the first year; $19,000 the second year; $27,000 the third year. The company has already determined that the net present value of the investment at a 12% discount rate is $(1,131). What is the approximate internal rate of return (IRR) of the kiosk investment? 5 (Click the icon to view the present value of an annuity table.) 5 (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table.) (Click the icon to view the future value table.) Since the NPV at 12% is negative , the IRR must be lower than 12%. Now calculate the NPV at 10%. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative NPV.) The NPV is $ D