Answer
The equation represents an exponential function.
Work Step by Step
The given equation is of the form $y=ab^{x}$ where $a\ne0$, $b\ne 1$ and $b\gt0$. This is the case of an exponential function.
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.