3: Present Value of an Annuity D.J. has just purchased her first car. Her bank has given her a car loan with payments of $229.19 per month for the first year of the loan at 10.5% per year, compounded monthly. She will continue making payments for 5 years. a) What is the actual cost of the car if D.J. were to pay for it in cash today? Before using the calculator, make a list of your values: Present Value = ? Payment $= Future Value = Annual Rate = \# of PMT Periods = Comp. Frequency =