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. Roger's car gets an average of 25 miles per gallon. If his gas tank holds 16 gallons, how far can he drive on a full tank?

Correct answer: C

Rationale: To calculate the distance Roger can drive on a full tank, multiply the number of gallons in his tank by the average miles per gallon his car gets. 16 gallons x 25 miles per gallon = 400 miles. Therefore, Roger can drive 400 miles on a full tank. Choice A (41 miles) is incorrect as it does not consider the tank's full capacity. Choice B (100 miles) is incorrect as it does not account for the full tank's capacity and the average miles per gallon. Choice D (320 miles) is incorrect as it miscalculates the total distance based on the given information.

3. What is the total perimeter of a playground fence that has a rectangular section (5m by 3m) attached to a semicircular section with a radius of 2m?

Correct answer: D

Rationale: To find the total perimeter, we first calculate the perimeter of the semicircle, which is half of a full circle, so the formula is π * radius. For the semicircle with a radius of 2m, the perimeter is approximately 3.14 * 2m = 6.28m. Next, we calculate the perimeter of the rectangular section by adding twice the length and twice the width (2 * length + 2 * width). For the rectangle with dimensions 5m by 3m, the perimeter is 2 * 5m + 2 * 3m = 10m + 6m = 16m. Finally, we sum the perimeters of the semicircle and the rectangle to get the total perimeter: 6.28m + 16m = 22.28m. Rounding to the nearest meter, the total perimeter is approximately 22m. Therefore, the correct answer is 22m. Choices A, B, and C are incorrect as they do not accurately calculate the total perimeter of the playground fence.

4. A die is rolled. What is the probability of getting 5?

Correct answer: A

Rationale: The correct answer is A: 16.67%. When rolling a standard 6-sided die, each face has an equal probability of 1/6. Therefore, the probability of rolling a 5 specifically is 1/6, which is approximately 16.67% when converted to a percentage. Choices B, C, and D are incorrect because they do not reflect the correct probability of rolling a 5 on a standard die.

5. Convert 5/8 to a decimal.

Correct answer: A

Rationale: To convert 5/8 to a decimal, divide 5 by 8: 5 ÷ 8 = 0.625. The correct answer is A (0.625). Choice B (0.5) is incorrect because it represents 1/2. Choice C (0.4) is incorrect because it represents 2/5. Choice D (0.75) is incorrect because it represents 3/4.

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