Unit content
First-order exponential decay and half-life
A quantity follows first-order decay when its instantaneous rate of decrease is proportional to how much of the quantity is currently present.
If $X(t)$ is the remaining amount and $k>0$ is a constant rate coefficient,
$$\boxed{\frac{dX}{dt}=-kX}.$$
The minus sign indicates decrease. The proportionality means that losing a fixed fraction per unit time matters, not losing a fixed absolute amount.
The function
$$\boxed{X(t)=X_0e^{-kt}}$$
has exactly this property. Differentiating verifies it:
$$\frac{dX}{dt}=-kX_0e^{-kt}=-kX.$$
Thus the fractional rate of change is constant:
$$\frac1X\frac{dX}{dt}=-k.$$
Half-life
The half-life $t_{1/2}$ is the time required for the quantity to fall to half its initial value:
$$X(t_{1/2})=\frac{X_0}{2}.$$
Substitute the exponential law:
$$\frac12=e^{-kt_{1/2}}.$$
Taking logarithms gives
$$-\ln2=-kt_{1/2},$$
so
$$\boxed{t_{1/2}=\frac{\ln2}{k}}.$$
Because this result contains no $X_0$, every halving takes the same amount of time. After $n$ half-lives,
$$X=X_0\left(\frac12\right)^n.$$
Example
If
$$k=0.0200,\mathrm{min^{-1}},$$
then
$$t_{1/2}=\frac{0.693}{0.0200}=34.7,\mathrm{min}.$$
After $69.4$ min, or two half-lives,
$$X=X_0\left(\frac12\right)^2=\frac{X_0}{4}.$$
A related characteristic timescale is
$$\tau=\frac1k,$$
for which $X(\tau)=X_0/e$. Half-life and $\tau$ are two ways to express the same exponential timescale:
$$t_{1/2}=\tau\ln2.$$
This mathematical pattern appears whenever a process has a constant first-order fractional removal rate, including radioactive decay, simple chemical first-order reactions and many relaxation or loss processes.