An entrepreneur engaged in wildcat oil well drilling is seeking investors who will put up $500,000 for an opportunity to reap high returns, if the venture is successful. The prospectus states that a...

An entrepreneur engaged in wildcat oil well drilling is seeking investors who will put up $500,000 for an opportunity to reap high returns, if the venture is successful. The prospectus states that a real return of at least 22% per year for
5 years is likely, but not promised. How much will the investors have to receive each year to recover their money and the 22% return, if an inflation rate of 5% per year is to be included in the calculation?