Growth and decay formulas
Continuous model: A = P·e^(rt) for growth, A = P·e^(−rt) for decay. Compound model: A = P·(1+r)^t for growth, A = P·(1−r)^t for decay.
Doubling time is ln(2)/r and half-life is also ln(2)/r, regardless of which model is used.
A = P · e^(rt)
Continuous exponential growth.
t₂ = ln(2) / r
Doubling time (or half-life).