This exponential decay calculator can determine the decline in value, given the initial value, decay rate, and time period.
Created by: Soham Pansuriya
x(t) = x0 × (1 + (-r ÷ 100))t
Where,
x0 = Initial value,
r = Decay rate per year,
t = Elapsed time in years.
Find the final declined value x(t) for:
x(t) = 4500 × (1 + (-5.2 ÷ 100))3
x(t) = 4500 × (1 - 0.052)3
x(t) = 4500 × (0.948)3
x(t) = 4500 × 0.85197
x(t) = 3833.87