Exponential Decay Calculator
Unravel the mystery of decreasing quantities with our exponential decay calculator. Visualize how values diminish over time.
Formula
$$FV = IV \times (1 - DR)^{TP}$$
Where: FV = Future Value, IV = Initial Value, DR = Decay Rate, TP = Time Periods
IV
Future Value:
Visualization
Understanding Exponential Decay
Exponential decay describes the decrease in a quantity over time. It's characterized by a constant rate of decrease proportional to the current amount. Think of it like this: if you have a cup of hot coffee, it cools down faster when it's very hot, and slower as it approaches room temperature. This calculator helps you find out the future value after a certain number of time periods given an initial value and a decay rate. Common examples include radioactive decay, drug metabolism in the body, and the decrease in value of assets over time.