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Chester borrows $50,000 from the Mighty Bank today and the Bank requests him to repay his loan in two equal payments along with 10% interest.

Chester borrows $50,000 from the Mighty Bank today and the Bank requests him to repay his loan in two equal payments along with 10% interest. Each of the two payments must be paid at the end of the next two years. What is the amount of each payment? Please round to the nearest whole number. Multiple Choice O $15,106 $28,809 plus 10% interest None of the other alternatives are correct $28,809 $15,106 plus 10% interest

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