[binary] How many values can be represented with n bits?

There's an easier way to think about this. Start with 1 bit. This can obviously represent 2 values (0 or 1). What happens when we add a bit? We can now represent twice as many values: the values we could represent before with a 0 appended and the values we could represent before with a 1 appended.

So the the number of values we can represent with n bits is just 2^n (2 to the power n)