The graph of y = e−x + 3 is shown. What are the y-intercept and the horizontal asymptote, and do they represent exponential growth or decay?


The y-intercept is (0, 3), the horizontal asymptote is y = 4, and the graph represents exponential growth.

The y-intercept is (0, 4), the horizontal asymptote is y = 3, and the graph represents exponential decay.

The y-intercept is (0, 4), the horizontal asymptote is y = 3, and the graph represents exponential growth.

The y-intercept is (4, 0), the horizontal asymptote is x = −3, and the graph represents exponential decay.