half-life
The time it takes for half of a decaying quantity to remain. Model: A = A₀(1/2)^(t/h), where h is the half-life.
doubling time
The time it takes a growing quantity to double. Model: P = P₀(2)^(t/d), where d is the doubling time.
compound interest
Interest added to the balance so that it earns interest too. A = P(1 + i)ⁿ, where i is the rate per period and n is the number of periods.
initial value
The amount at time t = 0, written A₀ or P₀.
Newton's law of cooling
The difference between an object's temperature and the room's temperature decays exponentially over time.