1. If 5700 is invested at 11% p.a., find the amount after 3 years if the interest is compounded
continuously
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5700[1+(11/100)]^3
5700(111/100)^3
5700(1367631/1000000)
57(1367631/10000)
57×136.7631
7795.4967
Hence, the amount is Rs. 7795.4967
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