This document provides a detailed derivation and explanation of radioactive half-life formulas. It begins by defining key terms like half-life, radioactive, radiation, decay, activity, and decay constant. It then derives the basic exponential decay formula through calculus. Examples are provided to show how the formula can be used to calculate half-life, decay constant, number of atoms remaining over time, and carbon dating. A sample problem demonstrates using the formulas to determine the age of an ancient Indian site from the percentage of carbon-14 remaining in charcoal.