Continuous decay (with e) uses a slightly different rate from a percentage-per-period decay. This calculator uses the percentage-per-period form.
Frequently asked questions
What is exponential decay?
A quantity that falls by the same percentage each period, so it drops fast at first and more slowly later. Examples are a cooling drink, a drug in the body and asset value.
What is the formula?
Remaining = start × (1 − rate)^t, with the rate as a decimal.
How is the half-life found?
Half-life = ln(0.5) ÷ ln(1 − rate), the number of periods for the amount to fall to half.