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Step1: Identify y-intercept
The y-intercept is where the graph crosses the y-axis (x=0). From the graph, this point is (0,1).
Step2: Identify horizontal asymptote
Exponential functions have horizontal asymptotes. This graph approaches the line $y=-2$ as $x$ increases, so this is the asymptote.
Step3: Determine growth/decay
The graph decreases as $x$ increases, so it is exponential decay.
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y-int: $1$
Asymptote: $y=-2$
Growth or Decay? Decay