1. **State the problem:** We are given the exponential function $$k(x) = 6.7 (0.85)^{-x}$$ and asked to analyze its graph, including the y-intercept and horizontal asymptote.
2. **Recall the general form and properties:** An exponential function modeling growth or decay can be written as $$f(x) = a b^x$$ where:
- $$a$$ is the initial value (y-intercept).
- $$b$$ is the base; if $$0 < b < 1$$, the function models exponential decay, if $$b > 1$$, it models growth.
3. **Rewrite the function for clarity:** Since the exponent is negative, rewrite:
$$k(x) = 6.7 (0.85)^{-x} = 6.7 \left(\frac{1}{0.85}\right)^x = 6.7 (1.1765)^x$$
This shows the function is actually exponential growth because the base $$1.1765 > 1$$.
4. **Find the y-intercept:** The y-intercept occurs at $$x=0$$:
$$k(0) = 6.7 (0.85)^0 = 6.7 \times 1 = 6.7$$
So the y-intercept is $$(0, 6.7)$$.
5. **Determine the horizontal asymptote:** The problem states the asymptote is $$y=5$$.
For exponential functions of the form $$k(x) = a b^x + c$$, the horizontal asymptote is $$y = c$$.
6. **Adjust the function to include the asymptote:** Since the given function does not explicitly show $$+5$$, the horizontal asymptote at $$y=5$$ suggests the function is:
$$k(x) = 5 + 6.7 (0.85)^{-x}$$
7. **Behavior of the graph:**
- At $$x=0$$, $$k(0) = 5 + 6.7 = 11.7$$
- As $$x \to \infty$$, $$k(x) \to 5$$ from above.
8. **Summary:** The function models exponential growth shifted up by 5 units, with y-intercept at $$(0, 11.7)$$ and horizontal asymptote $$y=5$$.
**Final answers:**
- y-intercept: $$(0, 11.7)$$
- Horizontal asymptote: $$y=5$$
Exponential Growth 4E1Df5
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