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Imaginary- and real-time versions of an equation for the condensate density are presented which describe dynamics and decay of any spherical Bose-Einstein condensate (BEC) within the mean field appraoch. We obtain quantized energies of collective finite amplitude radial oscillations and exact numerical instanton solutions which describe quantum tunneling from both the metastable and radially excited states of the BEC of 7Li atoms. The mass parameter for the radial motion is found different from the gaussian value assumed hitherto, but the effect of this difference on decay exponents is small. The collective breathing states form slightly compressed harmonic spectrum, n=4 state lying lower than the second Bogolyubov (small amplitude) mode. The decay of these states, if excited, may simulate a shorter than true lifetime of the metastable state. By scaling arguments, results extend to other attractive BEC-s.