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.
308 exam-style questions on OCR (MEI) A Level Maths 1.6 Sequences and Series, covering 1.6.1 Binomial expansion for positive integer n, 1.6.2 Factorial and combinations notation, 1.6.3 Binomial expansion for rational n (A-level only), 1.6.4 Binomial expansion of (a + bx)^n via factoring (A-level only), 1.6.5 Binomial approximating polynomials (A-level only), 1.6.6 What a sequence is; finite and infinite (A-level only), 1.6.7 Generate a sequence by formula or recurrence (A-level only), 1.6.8 A series as a sum of terms (A-level only), 1.6.9 Sigma notation (A-level only), 1.6.10 Increasing, decreasing and periodic sequences (A-level only), 1.6.11 Convergent and divergent sequences (A-level only), 1.6.12 Arithmetic sequences and series (A-level only), 1.6.13 Standard formulae for arithmetic series (A-level only), 1.6.14 Geometric sequences and series (A-level only), 1.6.15 Standard formulae for geometric series (A-level only), 1.6.16 Sum to infinity of a geometric series (A-level only), and 1.6.17 Sequences and series in modelling (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.