Elizabeth Dungle put \( \$ 4,000 \) of her divorce settlement in a \( 5 \) -year CD that paid \( 6 \% \) compounded daily. Find the compound amount and interest at the end of \( 5 \) years. (Use exact year calculation or \( 365 \) days per year).
Compound amount is \( \$ 5,399,30 , \) interest is \( \$ 1,399.30 \)
Compound amount is \( \$ 2,000 \) , interest is \( \$ 6,000 \)
Compound amount is \( \$ 6,000 , \) interest is \( \$ 2,000 \)
Compound amount is \( \$ 1,399.30 \) , interest is \( \$ 5,399,30\)