Question: Question 2 4 pts omas earned $ 8 9 in interest on his savings account last year and has decided to leave the $ 8

Question 2
4 pts
omas 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 nterest. This process of earning interest on prior interest earnings is called:
discounting.
compounding.
duplicating.
multiplying.
indexing.
Question 2 4 pts omas earned $ 8 9 in interest on

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