ANSWER:
Yes, the function represents exponential growth
Explanation:
Exponential growth models apply to any situation where growth is proportional to the current size of the interest amount.
Exponential is understood as the saying of growth or development, of a rhythm, cadence or proportion that increases or increases each time rapidly and noticeably. It has the following form:
In this case we have the following function
Since the variant value (x) is in the exponent we can conclude that if it is a function with exponential growth