Net Present Value of a Forestry Project

A sustainable forestry project is projected to yield a net profit of $10 million per year for five years. Using a discount rate of 5%, the net present value (NPV) is given by the formula: $NPV = \sum_{t=0}^{4} \frac{10\,\text{million}}{(1+0.05)^t}$ What is the approximate NPV of this project?