Verified Answer :

A = 750(1+0.07)^9
A = $1378 

$1378 - $750 = $628

total amount = $1378 
interest amount = $628

Answer with Step-by-step explanation:

Total amount = \(P(1+r)^n\)

Here, P=$750

r=7/100=0.07

n=9

Total amount=

@@MATH_TOKEN_1@@

Interest amount=Total amount-Initial amount

                         =1378.8-750

                        = $628.8

Hence,

Total amount=

$1378.8

Interest amount=$628.8

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