In this lesson on doubling time and half-life, you will learn how to use these concepts to calculate growth rates and decay rates. By understanding the time it takes for something to double or half in value, you can easily calculate the corresponding rate constant. You will also learn how to use natural logarithms and Solver to solve these problems without having to memorize any formulas. By the end of the lesson, you will have a clear understanding of how to use these concepts to compute growth rates and decay rates.
Understand what a doubling time or half life means and how to use it compute a growth rate or vice versa.
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