- [Maximum mark: 5]
On 1 January in a particular year, Eva invests 25 000, at the start of each subsequent year.
The amounts in the account at the start of each year form an arithmetic sequence.
(a) Find the common difference of this sequence. [2]
After k complete years, the amount in Eva’s account will be greater than $44 000 for the first time.
(b) Find the value of k. [3]