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 result of subtracting 7 7/10 from 3 4/5?

Correct answer: A

Rationale: To subtract 7 7/10 from 3 4/5, first convert 3 4/5 to have the same denominator as 7 7/10. Converting 4/5 to 8/10, the subtraction becomes 7 7/10 - 3 8/10. Subtracting, 7 - 3 = 4 and 7/10 - 8/10 = -1/10. Therefore, the result is 3 4/5 - 7 7/10 = 3 9/10. Choices B, C, and D are incorrect because they do not reflect the correct subtraction of fractions and whole numbers in this scenario.

3. If the outside temperature is 59 degrees on the Fahrenheit scale, what is the approximate temperature on the Celsius scale?

Correct answer: B

Rationale: To convert Fahrenheit to Celsius, you can use the formula: °C = (°F - 32) x 5/9. Substituting the Fahrenheit temperature of 59 degrees into the formula: °C = (59 - 32) x 5/9 = 27 x 5/9 = 135/9 = 15. Therefore, the approximate temperature on the Celsius scale is 15°C. Choice A is incorrect as it represents a negative temperature which is not the case here. Choice C and D are also incorrect as they do not match the calculated conversion from Fahrenheit to Celsius.

4. An IV drip delivers medication at a rate of 40 drops per minute. Each drop contains 0.05 milliliters of the medication. How many milliliters of medication are delivered in one hour?

Correct answer: D

Rationale: To find the amount of medication delivered in one hour, we first calculate the amount delivered in one minute by multiplying the number of drops per minute (40) by the volume of each drop (0.05 milliliters). This gives us 2 milliliters per minute. Then, to find the total amount delivered in one hour, we multiply 2 milliliters per minute by the number of minutes in an hour (60), resulting in 120 milliliters. Therefore, the correct answer is 120 milliliters. Choices A, B, and C are incorrect as they do not correctly calculate the total volume of medication delivered in one hour.

5. 7:5=91:x. Find x.

Correct answer: A

Rationale: To solve the proportion 7:5=91:x, cross multiply to get 7x = 5 * 91. Then, solve for x by dividing both sides by 7, which gives x = 65. Therefore, the correct answer is x=65. Choice B, x=55, is incorrect because it does not satisfy the proportion equation. Choices C and D, x=75 and x=85, are also incorrect as they do not match the calculated value of x when the proportion is solved.

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