View Policies Current Attempt in Progress Sheffield Enterprises leases property to Hamilton, Inc. Because Hamilton is experiencing financial difficulty, Sheffield agrees to receive 6 rents of $16,800 at the end of each year, with the rents beferred 3 years. What is the present value of the 6 rents discounted at 12%? (Round factor values to 5 decimal places, eg. 1.25124. Round answers to the nearest whole dollar, eg. 5,275) Click here to view factor tables Present value $ Save for Later Attempts: 0 of 1 used Submit