Both Mr. Reader and Mr. Powers pigged out during the Christmas break. They both made New Years resolutions to lose weight. On New Years day, Mr. Reader weighed 280 pounds and his weight is decreasing by 1.5% each week. On New Years day, Mr. Powers weighed 300 pounds and he is losing 5 pounds per week. Who will weigh more by the end of the school year (24 wee from New Years day)?