Business, 11.03.2020 22:21 juliashalnev

Tomas earned $89 in interest on his savings account last year and has decided to leave the $89 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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Tomas earned $89 in interest on his savings account last year and has decided to leave the $89 in hi...