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The carbon-14 decays with its half-life of 5,700 years, while the amount of carbon-12 remains constant in the sample.
By looking at the ratio of carbon-12 to carbon-14 in the sample and comparing it to the ratio in a living organism, it is possible to determine the age of a formerly living thing fairly precisely. So, if you had a fossil that had 10 percent carbon-14 compared to a living sample, then that fossil would be: t = [ ln (0.10) / (-0.693) ] x 5,700 years t = [ (-2.303) / (-0.693) ] x 5,700 years t = [ 3.323 ] x 5,700 years Because the half-life of carbon-14 is 5,700 years, it is only reliable for dating objects up to about 60,000 years old.