Question: Fred Boyner earned $ 1 0 0 in interest on his savings account last year and has decided to leave the $ 1 0 0

Fred Boyner earned $100 in interest on his savings account last year and has decided to leave the $100 in his account this coming year so it will earn interest. This process of earning interest on prior interest earnings is called:
a. indexing.
b. duplicating.
c. discounting.
d. multiplying.
e. compounding.
Fred Boyner earned $ 1 0 0 in interest on his

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