if an investment earns 5 interest annually how much interest will it earn in 1 year on a principal of 1000
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HESI A2

HESI A2 Math

1. If an investment earns 5% interest annually, how much interest will it earn in 1 year on a principal of $1,000?

Correct answer: B

Rationale: The correct answer is B: $50. To calculate the interest earned on an investment with a 5% interest rate on a principal of $1,000, you simply multiply the principal amount by the interest rate. 5% of $1,000 is $50. Therefore, the investment will earn $50 in interest in 1 year. Choice A, $40, is incorrect because it represents 4% interest instead of 5%. Choice C, $60, is incorrect because it overestimates the interest earned. Choice D, $55, is incorrect as it does not accurately reflect the 5% interest on the principal amount.

2. What is the numerical value of the Roman numeral XVII?

Correct answer: B

Rationale: The Roman numeral XVII represents the number 17. In Roman numerals, X stands for 10 and V stands for 5. When V (5) is subtracted from X (10), it results in 5 being subtracted from 10, which equals 5. Adding this to V (5) gives the total value of XVII as 17. Choice A is incorrect because it is not the correct numerical value of XVII. Choice C and D are also incorrect as they do not correspond to the Roman numeral XVII.

3. Convert 63 grams to mg.

Correct answer: C

Rationale: To convert grams to milligrams, you need to multiply by 1000 since there are 1000 milligrams in a gram. So, to convert 63 grams to milligrams, you would calculate 63 * 1000 = 63,000 milligrams. Therefore, the correct answer is 63,000 mg. Choice A (630 mg) is incorrect as it would be the converted value if the original amount was 0.63 grams. Choice B (63 mg) is incorrect as it is the same value as the original grams. Choice D (63,000 mg) is incorrect as it is the same as the correct answer, but with a comma which is not standard when expressing numerical values.

4. X/4 = 9/x, solve for x.

Correct answer: A

Rationale: To solve X/4 = 9/x, cross multiply to get x^2 = 36. Taking the square root of both sides gives x = 6. Choice A is correct because x = 6 satisfies the equation x^2 = 36. Choices B, C, and D are incorrect as they do not satisfy the equation when substituted back into it.

5. What is the result of subtracting 8.4 from 3.7?

Correct answer: D

Rationale: To find the result of subtracting 8.4 from 3.7, you need to subtract 3.7 from 8.4. Performing this subtraction, 8.4 - 3.7 equals 4.7. Therefore, the correct answer is 4.7. Choice A, 4.5, is incorrect as it is not the result of subtracting 8.4 from 3.7. Choices B and C, 4.8 and 4.6 respectively, are also incorrect as they do not match the correct subtraction result of 4.7.

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