Exponential Growth and Decay

Exponential Growth and Decay are functions which have been widely used to model the behavior of a variety of topics

Growth and Decay are largely used in:

Growth can be modeled by the function: trAtA )1()( 0

While Decay can be modeled by:trAtA )1()( 0

A(t) represents the amount at a certain time

A0 is the initial amount

r = rate t = time