How the Exponential Growth & Decay Calculator Works
Exponential growth and decay describe quantities that change by a constant percentage rate every period, rather than by a constant amount — population growth, radioactive decay, compound interest, and the spread of an epidemic can all follow this same mathematical pattern. This calculator projects a starting value forward (or backward, in relative terms) by a fixed percentage rate over any number of periods, and also computes the doubling time (for growth) or half-life (for decay) using the exact logarithmic formula, not an approximation.
Decay: Final Value = Initial Value Ă (1 â r)t Half-Life = ln(2) / (âln(1 â r))
(r = rate as a decimal, t = number of time periods)
Doubling Time and Half-Life: What They Actually Mean
Doubling time is the number of periods it takes a growing quantity to exactly double in size at a constant growth rate — a population growing 5% per year, for instance, doubles roughly every 14.2 years. Half-life is the mirror concept for decay: the number of periods it takes a shrinking quantity to fall to exactly half its starting value. Both are computed here using the precise natural-logarithm formula rather than shortcut approximations like the "Rule of 70," so the results stay accurate even at larger growth or decay rates.
Common Real-World Applications
This model applies anywhere a quantity changes by a fixed percentage each period: population growth, bacterial or viral spread, radioactive isotope decay, depreciation of an asset's value, or the decline of a drug's concentration in the bloodstream. Note that this is a periodic (discrete) compounding model — each period's change is calculated on the value at the end of the previous period — which is the standard approach for most population, financial, and half-life calculations. For continuous, moment-by-moment compounding (used in some physics and finance contexts), a related but distinct formula using e (Euler's number) would apply instead.
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đ Accuracy Note: This tool uses standard, widely published formulas and guidelines. Results are estimates for informational purposes; for financial, medical, or engineering decisions, consult a licensed professional.
đ Last Updated: September 2026.