Exponential Decay Formula
The exponential decay formula describes how the quantity of a radioactive substance decreases over time. It is expressed as N(t) = N0 * e^(-λt), where N(t) is the quantity at time t, N0 is the initial quantity, λ is the decay constant, and e is the base of the natural logarithm. This formula is fundamental for calculating the time required for the decay rate to reach a specific value.