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Exponential Decay Model | Half-Life
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In this example, we create an exponential decay model when given the half-life of a substance. We use the half-life to create an equation and solve for the continuous rate of decay. That rate is then used to create an exponential model that will give how much of the substance will remain at any given time of t. We then use the model to estimate how much of the substance will remain at a given value in the future. Finally, we find the amount of time that it will take for the substance to decay to a given amount.