the city has just built an indoor soccer complex at a cost of 2,250,000 and considers it a long-lived project. The city estimates the maintenance cost of this complex will be 1,100 per month. the bank...

the city has just built an indoor soccer complex at a cost of 2,250,000 and considers it a long-lived project. The city estimates the maintenance cost of this complex will be 1,100 per month. the bank has indicated that interest is 6% compound monthly. What does the present value of the maintenance cost?