To calculate the value of the investment in one year, we need to find the interest earned on the initial amount. We can use the formula:
A = P * (1 + r)^t
Where A is the end balance, P is the initial amount, r is the interest rate as a decimal, and t is the number of years.
In this case:
A = 9,351 * (1 + 0.07)^1
A = 9,351 * 1.07
A = 10,026.47
Therefore, the value of the account in exactly one year would be $10,026.47.