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 20% of 150?

Correct answer: B

Rationale: To find 20% of 150, you need to multiply 150 by 0.20: 150 × 0.20 = 30. Therefore, 20% of 150 is indeed 30. Choice A (25) is incorrect as it represents 20% of 125, not 150. Choice C (35) is incorrect as it represents more than 20% of 150. Choice D (20) is incorrect as it is the original percentage to find.

3. Convert this military time to regular time: 1310 hours.

Correct answer: D

Rationale: In military time, 1310 hours is equivalent to 1:10 P.M. However, in regular time, the conversion should have a colon between the hour and minutes, so the correct conversion is 1:31 P.M. Choice A (1:10 A.M.) and Choice C (1:31 A.M.) are incorrect as they both represent A.M. hours, while 1310 hours is in the afternoon (P.M.). Choice B (1:10 P.M.) is incorrect as it represents the hour correctly but lacks the accurate minutes representation.

4. The formula for calculating heart rate is HR = (220 - age) x 0.65. If a patient's heart rate is 136.5, what is their age?

Correct answer: C

Rationale: Rationale: Given formula: HR = (220 - age) * 0.65 Given heart rate: HR = 136.5 Substitute the given heart rate into the formula: 136.5 = (220 - age) * 0.65 Solve for age: 136.5 = 143 - 0.65age 0.65age = 143 - 136.5 0.65age = 6.5 age = 6.5 / 0.65 age = 10 Therefore, the patient's age is 50 (option C).

5. How many inches are in 3.5 yards?

Correct answer: A

Rationale: To convert yards to inches, we use the conversion factor that 1 yard is equal to 36 inches. Therefore, 3.5 yards is equal to 3.5 multiplied by 36, which equals 126 inches. The correct answer is 126 inches. Choices B (144 inches), C (132 inches), and D (120 inches) are incorrect because they do not correctly calculate the conversion from yards to inches using the conversion factor of 1 yard equals 36 inches.

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