You invested $1,000 in two different banks. Bank 1 pays 8 percent simple interest whereas Bank 2 pays 8 percent compounded annually. If you plan to invest the money for 20 years which bark woild you choose and how mach more money would you earn from investing with this bank? A. Bank 1, $2,149 B. Bank 1; \$2,289 C. Bank 2: \$2,061 D. Bank 2; \$2,301 E. Bank 2; \$2,439 QUESTION 7 The Oscar Meyer Corporation has annual sales of $25,000, total debt of $15,000, total oquity of $30,000, and a profit margin of 5 percent. What is the return on assels (ROA)? A. 1.43% B. 1.92% C. 2.37%