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Problem 2 ( 30 points) A city plans to build a museum and keep it permanently. The museum's initial cost for construction, materials, and labor

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Problem 2 ( 30 points) A city plans to build a museum and keep it permanently. The museum's initial cost for construction, materials, and labor is $94,568,000.00. The annual income from selling tickets will be $1,220,500.00. The museum needs to be maintained at the end of every six years for a fixed cost of $10,500,000.00 each time. The city plans to make a single investment at the beginning to cover the initial cost of the museum. The rest of the investment will be deposited into a savings account with an interest rate is 6.5%. The city will use the interest generated from the deposit to pay off the net maintenance cost (i.e., the real maintenance cost deducts the income). The deposit in the savings account will not be diminished or changed. What is the amount of the initial investment

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