In an exponential function, the base (number under the exponent) determines whether the function is growing or decaying.
When b > 1, it is growing.
When b < 1, it is decaying.
In this case, the base is 1.71, so this is a growth function.
To find the rate of change of a growth function, subtract 1 from the base. The growth rate of increase is 0.71, or 71%.