Please solve the following and show work. Thank you

6. Twenty-Five property owner on a private road sign an agreement with los Angeles County to have a new public road built and placed in service at t=o. The first cost is $1,000,000 for the new public road, and this cost will be shared equally among the twenty-five property owners( this equates to a first cost of $40,000 for each property owners). Los Angels County will sell $1,000,000 in 30-year municipal bonds with an annual interest rate of 3%. Each property owner pays an additional annual amount "A" for 30 years on their yearly property tax such that A(P/A,3%,30)=$40,000. Calculate the annual tax increase "A' for each property owner located on the new road