To find the value of the penny after 14 days, we will use the expression \(0.01 \cdot 2^x\), where \(x\) is the number of days.
Since Mr. Hibbard realized after 2 weeks, that would correspond to \(x = 14\) (since 2 weeks = 14 days).
Now, substituting \(x = 14\) into the expression:
\[ 0.01 \cdot 2^{14} \]
Calculating \(2^{14}\):
\[ 2^{14} = 16384 \]
Now multiplying by \(0.01\):
\[ 0.01 \cdot 16384 = 163.84 \]
So, we see that:
\[ Mr. Hibbard substituted x=14 into the expression 0.01 \cdot 2^{14} = 163.84 \]
Thus, the correct response is:
Mr. Hibbard substituted x=14 into the expression .01⋅2^14=163.84.