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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Nursing Elites

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. Three nurses worked 8-hour shifts. Nurse 1 monitored 6 patients during her shift. Nurse 2 monitored 8 patients, and Nurse 3 monitored 12 patients. How many patients were monitored in total?

Correct answer: A

Rationale: To find the total number of patients monitored, add the patients monitored by each nurse: 6 (Nurse 1) + 8 (Nurse 2) + 12 (Nurse 3) = 26 patients. Therefore, the correct answer is 26 patients. Choice B (24 patients), Choice C (20 patients), and Choice D (23 patients) are incorrect as they do not correctly sum up the patients monitored by each nurse.

3. What is the result of adding 1/2 + 4/5?

Correct answer: A

Rationale: To add fractions, you need a common denominator. In this case, the common denominator is 10. So, 1/2 + 4/5 = 5/10 + 8/10 = 13/10 = 1 3/10. Therefore, the correct answer is A: 1 3/10. Choice B, 1/2/2024, is incorrect as it does not represent the sum of the fractions given. Choice C, 1 2/5, is incorrect as it does not match the sum calculated. Choice D, 1 1/5, is incorrect as it does not reflect the correct sum of the fractions provided.

4. Rewrite the following expression as a decimal: 5/8

Correct answer: C

Rationale: To convert a fraction to a decimal, divide the numerator by the denominator. In this case, 5 รท 8 = 0.625. Therefore, the correct answer is 0.625. Choice A (0.7) is incorrect as it represents 7/10, choice B (0.325) is incorrect as it represents 325/1000, and choice D (5.8) is incorrect as it is not the result of dividing 5 by 8.

5. How many grams are in 7 kilograms?

Correct answer: A

Rationale: To convert kilograms to grams, you need to multiply by 1,000 since there are 1,000 grams in a kilogram. Therefore, 7 kilograms is equal to 7 x 1,000 = 7,000 grams. The correct answer is 7000 grams. Choice B (70 grams) is incorrect as it represents the conversion of 7 kilograms to grams without considering the correct multiplier. Choice C (700 grams) is incorrect as it is a tenth of the correct conversion. Choice D (70,000 grams) is incorrect as it is ten times the correct conversion.

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