A 24 -month loan of $50,000 with equal installment payments at the end of each month. The nominal rate is 4.80% compounded monthly. How much interest was accumulated with the first 10 payments? \begin{tabular}{|} $5,000.00 \\ $3,470.46 \\ $2,000.00 \\ $1,638.12 \end{tabular} A 24 -month loan of $50,000 with equal installment payments at the end of each month. The nominal rate is 4.80% compounded monthly. What is the remaining balance after 10 payments? $21,416.94 $22,289.21 $28,109.06 $29,747.18