Solve for A, P, and F to substitute for the system of payments listed below: Given i=8% n=30 years Identical payments of $5K every three years (end of year 3, 6, 9, 12, 15, 18, 21, 24, 27, and 30).

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A: Given

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A: Formula Used: Average = ∑FX∑F

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A:

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A: The answer provided below has been developed in a clear step by step manner.

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A: