Potassium argon (40K-40Ar) dating is a form of radiometric dating widely used because of the range of dates for which it is useful.
The technique can be used for dates ranging from earth's beginning, 4550 mya (4.55bn in US terminology) to about 100,000 years ago. The half-life of potassium40 is roughly 1.25 billion years, so four half-lives are about five billion years, or older than the earth. Other radiometric techniques, like carbon14, are useful for much more recent dates.