Present Value =?21,326.05 Payment $=229,19 Future Value =17,984,29 Annual Rate =10.50% \# of PMT Periods =60 Comp. Frequency =12 Step 1: Enter the information into the TVM solver before solving for the desired value. Step 2: If D.J. paid it off today, it would cost her $21,326.05 b) How much extra interest will she pay by choosing the payment plan? (Hint: Find out how much she will pay total, then subtract the actual cost) Present Value =?21,326.05 Payment $=229,19 Future Value =17,984,29 Annual Rate =10.50% \# of PMT Periods =60 Comp. Frequency =12 Step 1: Enter the information into the TVM solver before solving for the desired value. Step 2: If D.J. paid it off today, it would cost her $21,326.05 b) How much extra interest will she pay by choosing the payment plan? (Hint: Find out how much she will pay total, then subtract the actual cost)