An employee's salary is £25000 in the year 2023. The salary is modelled to increase by 4% in each year after 2023.
Show that the salary is £27040 in 2025.
Find the total salary the employee will earn until the end of 2040.
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.