
This formula models exponential decay where the quantity decreases proportionally to its current value. The function decreases rapidly at first and then gradually approaches zero.
Use this formula for processes involving continuous decay or reduction at a constant percentage rate.
For:
a=500
k=0.3
x=4
y=500*(℮^(-0.3*4))
y=500*(℮^(-1.2))
y≈150.60
Radioactive decay
Battery discharge
Population decline
Thermal cooling
Signal attenuation
Chemical concentration reduction