Roberta invested $600 into a mutual fund that paid 4% interest each year compounded annually. Write an exponential function of the form y=a(b)x to describe the value of the mutual fund then use that function to determine the value of the mutual fund in 15 years.. Created by alex. education-reference-en - homework-help-en

Look in your class notes and/or book for something called the 𝘦𝘹𝘱𝘰𝘯𝘦𝘯𝘵𝘪𝘢𝘭 𝘨𝘳𝘰𝘸𝘵𝘩 𝘧𝘰𝘳𝘮𝘶𝘭𝘢. That is what you need to solve this problem. So it's a formula that relates the amount you're investing, how much interest is paid each year, and how many years will pass.