$$ \left(n+1 \right) \times 0.5^n =0.05 $$
Is there a way to solve this directly for $n$? I know that by taking logs we can simplify it but we still do not get a value as far as I can see. A solution is to start plugging numbers starting from 1 and continuing up to 8 which seems to be the closest approximation. Any hints? Thanks.
There are ways to solve for $n$ in this equation using polylogarithms--but this is very much nontrivial and probably not what you are looking for. Most likely, this is something you would do graphically or with a computer algebra program, such as Mathematica or wolframalpha.
EDIT. As you requested, I approximated solutions using Mathematica and obtained $n\approx -0.9745551633147583$ and $n\approx 7.390723269331218$. (Although Mathematica can also produce exact results).