Simplify the expression 
.
Definitions:
Compounded
In finance, refers to a method where interest earned is added to the principal, so that, from that moment on, the interest that has been added also earns interest.
Exponential Rate
The rate at which something grows or decays, characterized by a constant ratio over equal increments of time.
Half-Life
Half-life is a term used in nuclear physics and chemistry to describe the time required for one half of the atoms of a radioactive substance to undergo decay.
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