What is the following identity in analytic number theory called?

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I am trying to solve the following problem.

Prove that: $$\sum_{t\mid n} d(t)^3= \left(\sum_{t\mid n}d(t)\right)^2$$

I know that there exists the following identity: $$\sum i^3=\left (\sum i\right)^2$$

What is this identity called? Does anyone have an approach to this problem?

Why can't I just substitute $d(t)$ for $i$?

I have thought about using $\sigma_\alpha(p^\alpha)$ but I am unsure of the correct way to proceed. This is problem $2.12$ from Apostol's Analytic Number Theory.