James starts a job in 2020 with an annual salary of £25000. He receives a 5% pay increase every year, with the first raise in 2021, so that his annual salaries form a geometric sequence.
Find, to the nearest £100, the salary James will receive in 2022.
Find, to the nearest £100, the total amount James will have earned from 2020 until the end of 2034.
178 exam-style questions on Edexcel A Level Maths Sequences and Series, covering 3.1 Arithmetic Sequences, 3.2 Arithmetic Series, 3.3 Geometric Sequences, 3.4 Geometric Series, 3.5 Sum to Infinity, 3.6 Sigma Notation, 3.7 Recurrence Relations, and 3.8 Modelling with Series. Each one has a worked solution and a mark scheme showing where the marks go.