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. Convert 2/5 to a decimal.

Correct answer: C

Rationale: To convert 2/5 to a decimal, you divide the numerator (2) by the denominator (5): 2 ÷ 5 = 0.4. Therefore, the correct decimal representation of 2/5 is 0.4. Choice A (0.5) is incorrect because it represents 1/2, not 2/5. Choice B (0.25) is incorrect as it represents 1/4, not 2/5. Choice D (0.5) is incorrect as it also represents 1/2, not 2/5.

3. Add and simplify: 4⅔ + 6½ =

Correct answer: C

Rationale: To add 4⅔ and 6½, we first need to convert the fractions to have the same denominator. Converting 4⅔ to 6ths gives us 8/6, and 6½ to 6ths gives us 7/2. Adding them together gives 15/2, which simplifies to 7½ or 9⅙. Therefore, the correct answer is 9⅙. Choices A, B, and D are incorrect as they do not represent the correct sum of the fractions after conversion and simplification.

4. Multiply: 2 × 5 =

Correct answer: D

Rationale: When you multiply 2 by 5, the result is 10, not 13. Therefore, the correct answer is 10, which is option D. Choices A, B, and C are incorrect because they do not represent the correct product of multiplying 2 by 5.

5. A water fountain has a spherical base with a diameter of 50cm and a cylindrical body with a diameter of 30cm and a height of 80cm. What is the total surface area of the fountain (excluding the water surface)?

Correct answer: C

Rationale: To find the total surface area of the fountain, we first calculate the surface area of the sphere and the cylinder separately. For the sphere: - Radius = Diameter / 2 = 50 / 2 = 25 cm - Surface area of a sphere = 4πr² = 4 x π x 25² = 500π cm² For the cylinder: - Radius = Diameter / 2 = 30 / 2 = 15 cm - Surface area of a cylinder = 2πrh + 2πr² = 2 x π x 15 x 80 + 2 x π x 15² = 240π + 450π = 690π cm² Total surface area = Surface area of sphere + Surface area of cylinder = 500π + 690π = 1190π cm² ≈ 5486 sq cm. Therefore, the correct answer is C. Choice A (3142 sq cm) is incorrect as it is much smaller than the correct answer. Choices B and D are also incorrect as they do not reflect the accurate calculation of the total surface area of the fountain.

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