Answer: Because, here the rate of change is directly proportional to the value of f(x) and it is satisfying the condition f(0)=1.
Explanation:
Since, Given function=
, where 
let b=1+n where n is any positive number.
Thus,
is an exponential function.( because its value is raising by the power of a constant
)
And, for
,
⇒
let
,
after making its graph we found that the function is growing and growth rate is positive.
Similarly, function f will be growing exponential for the every value of n. where
.