Annuity payments are assumed to come at the end of each payment period $($termed an ordinary annuity$).$ However, an exception occurs when the annuity payments come at the beginning of each period $($termed an annuity due$).$

What is the future value of a $12-$year annuity of $$2,700$ per period where payments come at the beginning of each period? The interest rate is $8$ percent. Use Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods. To find the future value of an annuity due when using the Appendix tables, add $1$ to n and subtract $1$ from the tabular value. For example, to find the future value of a $$100$ payment at the beginning of each period for five periods at $10$ percent, go to Appendix C for n $=6$ and i $=10$ percent. Look up the value of $7\mathrm{.}716$ and subtract $1$ from it for an answer of $6\mathrm{.}716$ or $$671\mathrm{.}60($$$100\backslash$times $6\mathrm{.}716).$

Note: Do not round intermediate calculations. Round your final answer to $2$ decimal places.