Kendra F. answered 03/10/17
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You should know this formula for exponential growth and decay.
f(t) = Aekt
f(t) = value at time "t"
A = the initial/starting value
k = rate of growth (k > 0) or decay(k < 0)
t = time
e = Euler's number, important irrational number used in mathematics, base of natural logarithms
Information given:
Decay rate, k is 2.7% per year
k = -0.027.
What is the half-life in years?
The half-life of a substance undergoing decay is the time (t) it takes for the amount of the substance, (A) to decrease by half.
So, the t value when f(t) = A/2
A/2 = Ae-0.027t
The initial amount of substance, A cancels out on both sides
1/2 = e-0.027t
Use natural logarithms to solve for t
Take the natural log of both sides
ln(1/2) = ln(e-0.027t)
Since Euler's number "e" is the base for natural logarithms it cancels out leaving
ln(1/2) = -0.027t
ln(1/2)/-0.027 = t