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Find an exponential function of the form f(x) = ba^(−x) + c that has the given horizontal asymptote and y-intercept and passes through point P. y = 76; y−intercept 389; P(1, 232.5)
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Assuming \(a>0\), a horizontal asymptote at y=76 tells you that \[\lim_{x\to\infty}(ba^{-x}+c)=76~~\iff~~0+c=76\] A y-intercept of 389 means \(f(x)=389\) when \(x=0\): \[\begin{align*}f(0)=ba^{-0}+76&=389\\ b+76&=389\\ b&=313 \end{align*}\] And finally, the given point (1, 232.5) tells you that \(f(1)=232.5\): \[\begin{align*}f(1)=313a^{-1}+76&=232.5\\ \frac{313}{a}&=156.5\\ a&=2 \end{align*}\]
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