$ $ 1439.0077 ( approx)
Since, the amount in the compound interest when interest is calculated daily is,
Where P is the principal amount,
r is the annual interest rate,
n is the number of years,
Here, P = $ 6500
r = 5%
n = 4 years,
Therefore, the amount after 4 years,
Therefore, the compound interest after 4 years = 7939.00767349 - 6500 = 1439.00767349 ≈ $ 1439.0077
$35.59 in pounds
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