Which of the following situations could be modeled by an exponential function?

The exponential function will be the amount of the saving account after $75 is invested at a rate of 11% for x number of years. Then the correct option is D.
Consider the function:
y = a (1 ± r) ˣ
Where x is the number of times this growth/decay occurs, a = initial amount, and r = fraction by which this growth/decay occurs.
If there is a plus sign, then there is exponential growth happening by r fraction or 100r %
If there is a minus sign, then there is exponential decay happening by r fraction or 100r %
The first options are examples of the linear system.
The amount of the saving account after $75 is invested at a rate of 11% for x number of years is modeled as,
Amount = 75 (1 + 0.11)ˣ
Then the correct option is D.
More about the exponent link is given below.
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