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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

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. Duplicating

C. Indexing

D. Compounding

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