Question: For the following annuity due, determine the unknown value represented by the question mark. Future Value FV(due) ? Periodic Payment PMT $97 Payment Interval Term

 For the following annuity due, determine the unknown value represented by

For the following annuity due, determine the unknown value represented by the question mark. Future Value FV(due) ? Periodic Payment PMT $97 Payment Interval Term Nominal Rate of Interest 6% Conversion Period 1 month 6 years semi-annually The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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