Nursing Elites

1. A man decided to buy new furniture from Futuristic Furniture for $2,600. Futuristic Furniture gave the man two choices: pay the entire amount in one payment with cash, or pay $1,000 as a down payment and $120 per month for two full years in the financing plan. If the man chooses the financing plan, how much more would he pay?

• A. $1,480 more
• B. $1,280 more
• C. $1,600 more
• D. $2,480 more

Correct answer: B

Rationale: To calculate the total cost with the financing plan, multiply $120 by 24 months to get $2,880. Adding the $1,000 down payment gives a total of $3,880. By comparing this total with the initial cost of $2,600 when paying in cash, the man would pay $1,280 more with the financing plan. Choice A, $1,480 more, is incorrect because it miscalculates the additional amount. Choice C, $1,600 more, is incorrect as it overestimates the extra cost. Choice D, $2,480 more, is incorrect as it significantly overstates the additional payment.

2. How many quarts are in 1 liter?

• A. 1 quart
• B. 1.06 quarts
• C. 2 quarts
• D. 0.5 quarts

Correct answer: B

Rationale: To convert liters to quarts, you can use the conversion factor 1 liter ≈ 1.06 quarts. Therefore, 1 liter is approximately 1.06 quarts. Choice A is incorrect because 1 quart is not equivalent to 1 liter. Choice C is incorrect as 2 quarts is more than 1 liter. Choice D is incorrect as 0.5 quarts is half of 1 liter.

3. A new physician saw 841 clients during the first year of practice and 1072 clients during the second year of practice. Which of the following represents the approximate percentage increase in client volume?

• A. 22%
• B. 27%
• C. 127%
• D. 78%

Correct answer: B

Rationale: To calculate the percentage increase, subtract the initial value from the final value, then divide by the initial value and multiply by 100. In this case, the calculation is ((1072 - 841) / 841) x 100 ≈ 27%. Therefore, the correct answer is B. Choice A (22%) is incorrect as it does not match the calculated percentage increase. Choice C (127%) is incorrect as it represents an absolute increase, not a percentage increase. Choice D (78%) is incorrect as it is not close to the calculated percentage increase of 27%.

4. Your measurement of the width of a door is 36 inches. The actual width of the door is 35.75 inches. What is the relative error in your measurement?

• A. 0.70%
• B. 0.01%
• C. 0.99%
• D. 0.10%

Correct answer: A

Rationale: To calculate relative error, you use the formula: (|measured value - actual value| / actual value) * 100%. Substituting the values, we get (|36 - 35.75| / 35.75) * 100% = (0.25 / 35.75) * 100% = 0.7%. This means your measurement is off by 0.7% from the actual width of the door. Choice B, 0.01%, is too small as it doesn't reflect the actual difference. Choices C and D are significantly different from the calculated answer and do not represent the accurate relative error in the measurement.

5. Simplify the following expression: 1.034 + 0.275 - 1.294

• A. 0.015
• B. 0.15
• C. 1.5
• D. -0.15

Correct answer: A

Rationale: To simplify the expression, begin by adding 1.034 and 0.275, which equals 1.309. Then, subtract 1.294 from the sum: 1.309 - 1.294 = 0.015. Therefore, the correct answer is 0.015. Choice B (0.15) is incorrect as it does not reflect the accurate calculation. Choice C (1.5) is incorrect as it is not the correct result of the expression simplification. Choice D (-0.15) is incorrect as it represents a different value than the correct outcome of the expression simplification.

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