Answer
$1246.07
Work Step by Step
We know the following equation for continuously compounding interest:
$$A=Pe^{rt}$$
Where:
P is the principal.
A is the amount at the given time.
r is the rate, expressed as a decimal.
t is the time, in years.
Thus, we obtain:
$$A=1000e^{.11*2} \\ A= 1246.07$$