It looks like it is already solved, but here's some additional inputs:
The equation ## \Delta N=-N \lambda \Delta t ## describes the system very well in a probability sense. Basically it says the probability of decay in time ## \Delta t =\lambda \Delta t ##. If we want to know the probability ## p ## that it survives for time ## t ##, that is ## p(t)=(1-\lambda \Delta t)^{t/\Delta t} ##. One result that comes out of the calculus of the exponential function is ## e^x=(1+\frac{x}{N_1})^{N_1} ## as ## N_1 \rightarrow +\infty ##. ## \\ ## Now let ## \Delta t=\frac{1}{N_1} ## and let ## N_1 \rightarrow +\infty ##. ## \\ ## Then we have, (with ## x=-\lambda ##), ## p(t)=(1-\frac{\lambda}{N_1} )^{N_1 t}=e^{-\lambda t} ##. (I'm distinguishing ## N_1 ## from ## N ## here, because ## N_1=\frac{1}{\Delta t } ## allows ## \Delta t \rightarrow 0 ## as ## N_1 \rightarrow +\infty ##, while ## N ## represents the number of particles). ## \\ ## The average number of particles if ## N ## is large can be computed. If we start with ## N_o ## , we will have ## N(t)=N_o e^{-\lambda t} ## after time ## t ##.