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Sequences and Series

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Question 42

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.

a.

Find, to the nearest £100, the salary James will receive in 2022.

[2]
b.

Find, to the nearest £100, the total amount James will have earned from 2020 until the end of 2034.

[4]

Sequences and Series Questions

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