Exponential Decay Formula:
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Exponential decay describes a process where a quantity decreases at a rate proportional to its current value. It's commonly used to model radioactive decay, population decline, and depreciation of assets.
The calculator uses the exponential decay formula:
Where:
Explanation: The formula calculates the remaining quantity after time t, given an initial amount and constant decay rate.
Details: Exponential decay models are used in physics (radioactive decay), finance (asset depreciation), biology (drug elimination), and many other fields.
Tips: Enter initial amount (must be positive), decay rate (between 0 and 1), and time (must be non-negative). All values must be valid numbers.
Q1: What's the difference between exponential decay and growth?
A: Exponential decay decreases over time (r > 0), while growth increases over time (r < 0 in the equivalent growth formula).
Q2: How is half-life related to decay rate?
A: Half-life (t₁/₂) is the time for quantity to reduce by half. It relates to decay rate as: t₁/₂ = ln(2)/λ where λ is the decay constant.
Q3: Can the decay rate be greater than 1?
A: No, in this model the decay rate must be between 0 and 1. Rates >1 would imply negative remaining amounts.
Q4: What units should I use for time?
A: The time units should match the units of your decay rate (e.g., if r is per year, t should be in years).
Q5: How accurate is this model for real-world applications?
A: It works well for systems with constant decay rates, but many real systems have variable rates requiring more complex models.