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Business, 19.10.2019 02:00 jadenweisman1

Tomas earned $89 in interest on his savings account last year and has decided to leave the $86 in his account this coming year so it will earn interest. this process of earning interest on prior interest earnings is called:
a) discounting.
b) compounding.
c) duplicating.
d) multiplying.
e) indexing.

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