ZDX borrows $50,000 under a two-year loan agreement at an annual interest rate of 8 percent. The payment schedule calls for 2 equal annual end-of-year payments. To the nearest penny, what is the annual total payment that ZDX must make?

I'm not sure if I have to use an annuity formula or if I can just use this formula:

Future value = Present value * (1 + interest rate)^n (# of periods)

FV = 50,000 (1.08)^2 = $58,320

and then divide that by two to get the annual payment.

Can someone help?