Let's use the compound interest continuous formula:
[tex]A=Pe^{rt}[/tex]
Where:
A = Amount
r = Interest rate = 6% = 0.06
t = time in years = 2
P = Principal
Therefore:
[tex]\begin{gathered} A=10e^{0.06(2)} \\ A=11.27 \end{gathered}[/tex]
Answer:
$11.27
