Each year, for 40 years, Anne will pay money into a savings scheme. In the first year she pays £500. Her payments then increase by £50 each year, so that she pays £550 in the second year, £600 in the third year, and so on.
- Find the amount that Anne will pay in the 40th year. [2]
- Find the total amount that Anne will pay in over the 40 years. [2]
Over the same 40 years, Brian will also pay money into the savings scheme. In the first year he pays in £890 and his payments then increase by £\(d\) each year.
Given that Brian and Anne will pay in exactly the same amount over the 40 years,
- find the value of \(d\). [4]