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. Subtract and simplify: -5 - (-6) =

Correct answer: C

Rationale: To simplify the expression -5 - (-6), we can rewrite it as -5 + 6 (since subtracting a negative number is equivalent to adding its positive counterpart). This gives us -5 + 6 = 1. Therefore, the correct answer is 1. Choice A, ½, is incorrect because the subtraction of a negative number results in a positive number. Choices B and D are also incorrect as they do not match the simplified result of -5 - (-6), which is 1.

3. A female ran a 24-mile course. Her first 6 miles took 1 hour, the second set of 6 miles took 1.2 hours, the third set of 6 miles took 1.5 hours, and the fourth set of 6 miles took 1.6 hours. How long did it take her to complete the course?

Correct answer: A

Rationale: To find the total time taken, add the time for each segment: 1 hour + 1.2 hours + 1.5 hours + 1.6 hours = 5.3 hours. Therefore, it took her 5.3 hours to complete the course. The other choices are incorrect because they do not accurately reflect the cumulative time calculated based on the given information.

4. Rectangle: A picture frame measures 15cm by 20cm. What is its perimeter?

Correct answer: C

Rationale: To find the perimeter of a rectangle, you add the lengths of all sides. The formula for the perimeter of a rectangle is 2 * (length + width). In this case, the length is 15cm and the width is 20cm. Therefore, the perimeter = 2 * (15cm + 20cm) = 65cm. Choice A (30cm), Choice B (55cm), and Choice D (75cm) are incorrect as they do not correctly calculate the perimeter of the given rectangle.

5. Multiply: 4/9 × 1 4/5 × 2/5.

Correct answer: A

Rationale: To multiply the fractions, convert the mixed numbers to improper fractions: 1 4/5 = 9/5. Then, multiply the fractions: (4/9) × (9/5) × (2/5) = 8/25. The correct answer is A. Choice B is incorrect as it does not match the result of the multiplication. Choice C is incorrect as it is not the result of multiplying the fractions. Choice D is incorrect as it is not the result of the given multiplication.

Similar Questions

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Solve for x: 3(x - 4) = 18.
Solve for x: x/5 = 3/10.

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