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Pina Enterprises leases property to Hamilton, Inc. Because Hamilton is experiencing financial difficulty, Pina agrees to receive 5 rents of $16,400 at the end of

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Pina Enterprises leases property to Hamilton, Inc. Because Hamilton is experiencing financial difficulty, Pina agrees to receive 5 rents of $16,400 at the end of each year, with the rents deferred 3 years. What is the present value of the 5 rents discounted at 1295? (Round factor values to 5 decimal places, es. 1.25124. Round answer to the nearest whole dollar, e. . 5.275.) Click here to view factor tables. Present value $ Attempts: O of 1 used Pina Enterprises leases property to Hamilton, Inc. Because Hamilton is experiencing financial difficulty, Pina agrees to receive 5 rents of $16,400 at the end of each year, with the rents deferred 3 years. What is the present value of the 5 rents discounted at 1295? (Round factor values to 5 decimal places, es. 1.25124. Round answer to the nearest whole dollar, e. . 5.275.) Click here to view factor tables. Present value $ Attempts: O of 1 used

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