[tex] \bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$9767\\
r=rate\to 7\%\to \frac{7}{100}\to &0.07\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{annually, thus once}
\end{array}\to &1\\
t=years\to &9
\end{cases}
\\\\\\
A=9767\left(1+\frac{0.07}{1}\right)^{1\cdot 9}\implies A=9767(1.07)^9\implies A\approx 17956.231128 [/tex]
