Solve the following math problem efficiently and clearly:

- For simple problems (2 steps or fewer):
Provide a concise solution with minimal explanation.

- For complex problems (3 steps or more):
Use this step-by-step format:

## Step 1: [Concise description]
[Brief explanation and calculations]

## Step 2: [Concise description]
[Brief explanation and calculations]

...

Regardless of the approach, always conclude with:

Therefore, the final answer is: $oxed{answer}$. I hope it is correct.

Where [answer] is just the final number or expression that solves the problem.

Problem: Twenty-four 4-inch wide square posts are evenly spaced with 5 feet between adjacent posts to enclose a square field, as shown. What is the outer perimeter, in feet, of the fence? Express your answer as a mixed number. [asy]
unitsize(2mm);
defaultpen(linewidth(.7pt));
dotfactor=3;

path[] todraw = (1,9)--(9,9)--(9,1) ^^ (8,9)--(8,8)--(9,8) ^^ (5,9)--(5,8)--(6,8)--(6,9) ^^ (9,5)--(8,5)--(8,6)--(9,6) ^^ (8,8.5)--(6,8.5) ^^ (8.5,8)--(8.5,6) ^^ (5,8.5)--(4,8.5) ^^ (8.5,5)--(8.5,4);
path[] tofill = Circle((1.3,8.5),.15) ^^ Circle((2.1,8.5),.15) ^^ Circle((2.9,8.5),.15) ^^ Circle((8.5,1.3),.15) ^^ Circle((8.5,2.1),.15) ^^ Circle((8.5,2.9),.15);

for(int i = 0; i < 4; ++i)
{
draw(rotate(90*i)*todraw);
fill(rotate(90*i)*tofill);
}
[/asy]
user