Ms. Walker's class set up an online fund with a goal to raise $1,280 to go on a field trip. Ms. Walker starts the fund by depositing $5. Each week the balance of the fund is twice the balance of the previous week.

Which equation can be used to find the number of weeks, x, after which the balance of the fund will reach $1,280, and how many weeks will it take to reach the class goal?

1 answer

Ms. Walker starts the fund with an initial deposit of $5, and the balance doubles each week. Thus, the balance of the fund after \( x \) weeks can be represented by the following equation:

\[ B(x) = 5 \cdot 2^x \]

where \( B(x) \) is the balance after \( x \) weeks.

We want to find the number of weeks \( x \) when the balance \( B(x) \) reaches $1,280. We can set up the equation like this:

\[ 5 \cdot 2^x = 1280 \]

To solve for \( x \), we first divide both sides by 5:

\[ 2^x = \frac{1280}{5} \]

Calculating \( \frac{1280}{5} \):

\[ 2^x = 256 \]

Next, we recognize that \( 256 \) can be expressed as a power of \( 2 \):

\[ 256 = 2^8 \]

So we have:

\[ 2^x = 2^8 \]

Since the bases are the same, we can equate the exponents:

\[ x = 8 \]

Therefore, it will take 8 weeks for the balance of the fund to reach $1,280.