So the questions is asking me to come up with a formula for the following sequence.
8, 16, 32, 64, …
The answer they give is $A_n = 2^{n+2}$. When I looked at it, I saw $A_n = A_{n-1} \cdot 2$.
Is there something that makes my answer wrong? Is there a specific formula I should see when dealing with geometric sequences?
Your formula is correct, but when only giving the recursion formula you need to define a starting point $A_0$. $A_0=4$ in your example, since the sequence $6, 12, 24, ...$ also is of the form $A_n=2\cdot A_{n-1}$, but with a different $A_0=3$.
Then you can also express your $A_0$ as $2^a$, in your example $a=2$ since $2^2=4=A_0$ giving the explicit formula.