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$[-/1$ Points$]$

BRECMBC$912.$I$\mathrm{.}008.$

Use Table $12-1$ to calculate the future value $($in $$)$ of the annuity due. $($Round your answer to the nearest cent.$)$

$\backslash$table$[[\backslash$table$[[$Annuity$],[$Payment$]],\backslash$table$[[$Payment$],[$Frequency$]],\backslash$table$[[$Time$],[$Period $($years$)]],\backslash$table$[[$Nominal$],[$Rate $(\%)]],\backslash$table$[[$Interest$],[$Compounded$]],\backslash$table$[[$Future Value$],[$of the Annuity$]]],[$$$70,$every month,$2\frac{1}{2},6,$monthly,vdotsse table $12-1$ to calculate the future value in $ of the anuity due. Round to nearest cent.

Annuity payment$-$ $$70$

Payment frequency$-$ every month

Time period$-21/2$ years

Nominal rate$-6\%$

Interest compounded$-$ monthly