Forty years ago, your grandparents opened two savings accounts and deposited $1,000 in each account. The first account was with Morro Bay Bank at 2.0 percent, compounded annually. The second account was with Monterey Bay Bank at 2.2 percent, compounded annually. Which one of the following statements is true concerning these accounts? The Morro Bay Bank account is currently worth $1,208.04 The Monterrey Bay Bank account is currently worth $1,388. The Monterrey Bay Bank account has paid $179.97 more in interest than the Morro Bay Bank account. The Morro Bay Bank account has earned $180 more in interest than the Monterey Bay Bank account. The Monterrey Bay Bank account has paid $348.21 more in interest than the Morro Bay Bank account