Step 1: Recognize the integral.
This is a standard exponential decay integral:
\[
\int_0^\infty e^{-y} \, dy
\]
We know that the integral of \( e^{-y} \) is \( -e^{-y} \).
Step 2: Evaluate the integral.
Now, evaluate the definite integral:
\[
\int_0^\infty e^{-y} \, dy = \left[ -e^{-y} \right]_0^\infty
\]
At \( y = \infty \), \( e^{-\infty} = 0 \), and at \( y = 0 \), \( e^{0} = 1 \). Therefore:
\[
\left[ -e^{-y} \right]_0^\infty = 0 - (-1) = 1
\]
Step 3: Conclusion.
Thus, the value of the integral is \( \boxed{1.00} \) (rounded to two decimal places).