4. Sam boug ht a rental property for 500,000 five years ago. He sold the property this year for $2,200,000 and spent $250,000 fixing it up before selling the property. If the inflation rate for the past 5 years has been steady at 4% annually, compute the after-tax real rate of return (i) on this investment. Assume a capital gain tax of 15% 221 221%