9. Jess started work 20 years ago - Edexcel - A-Level Maths Pure - Question 1 - 2015 - Paper 1
Question 1
9. Jess started work 20 years ago. In year 1 her annual salary was £17000. Her annual salary increased by £1500 each year, so that her annual salary in year 2 was £1... show full transcript
Worked Solution & Example Answer:9. Jess started work 20 years ago - Edexcel - A-Level Maths Pure - Question 1 - 2015 - Paper 1
Step 1
Find the value of the constant k.
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Answer
To find the value of k, we first determine how many years it takes for Jess's salary to reach £32000 starting from £17000 with an annual increase of £1500.
Establish the arithmetic sequence:
Year 1: £17000
Year 2: £18500
Year 3: £20000
So, the salary in year n can be expressed as:
Sn=17000+(n−1)×1500
Set the equation to find k:
We need to find k such that:
17000+(k−1)×1500=32000
Calculate the total amount that Jess has earned in the 20 years.
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Answer
To calculate the total amount Jess has earned over 20 years, we will consider the first 11 years where her salary increases, and the last 9 years where she earns a fixed salary of £32000.
Total Salary for the first 11 years:
Year 1: £17000
Year 2: £18500
Year 3: £20000
Year 4: £21500
Year 5: £23000
Year 6: £24500
Year 7: £26000
Year 8: £27500
Year 9: £29000
Year 10: £30500
Year 11: £32000
The total for these 11 years can be calculated as:
extTotal11=17000+18500+20000+21500+23000+24500+26000+27500+29000+30500+32000
This is an arithmetic series where:
First term (a) = £17000
Last term (l) = £32000
Number of terms (n) = 11
Using the formula for the sum of an arithmetic series:
Sn=2n(a+l)S11=211(17000+32000)=211×49000=269500
Total Salary for the last 9 years:
For year 12 to 20, Jess earns a fixed salary of £32000.
Total for these 9 years:
extTotal9=9×32000=288000
Combine the totals:
Total earnings over 20 years:
extTotal20=extTotal11+extTotal9=269500+288000=557500
Thus, the total amount that Jess has earned in 20 years is £557500.