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. How many milligrams are in 7 grams?

Correct answer: A

Rationale: To convert grams to milligrams, you need to multiply by 1,000 since there are 1,000 milligrams in a gram. So, 1,000 x 7 grams = 7,000 mg. This means that there are 7,000 milligrams in 7 grams. Choices B, C, and D are incorrect because they do not correctly convert grams to milligrams.

3. What is the result of adding 5 2/9 and 1 2/9?

Correct answer: A

Rationale: To add mixed numbers with fractions, first add the whole numbers together: 5 + 1 = 6. Then add the fractions: 2/9 + 2/9 = 4/9. Combining the whole number and the fraction parts gives 6 4/9. Therefore, the correct answer is 6 4/9. Choice B (7 5/9) is incorrect as the fractions were not added correctly. Choice C (7) is incorrect as it does not account for the fractions. Choice D (5 2/9) is one of the original numbers and not the sum of both.

4. Positive integers are numbers greater than zero. Which of the following expressions results in the largest positive number?

Correct answer: C

Rationale: To find the largest positive number among the expressions, we evaluate each one: A) (2 + 3)^2 = 5^2 = 25 B) 5 x 7 + 2 = 35 + 2 = 37 C) 10^2 - 4^2 = 100 - 16 = 84 D) (8 - 1) x 3 = 7 x 3 = 21 Therefore, the expression that results in the largest positive number is 10^2 - 4^2, which equals 84. Choices A, B, and D result in smaller numbers.

5. Simplify the expression: -5 + (-8)

Correct answer: A

Rationale: When adding two negative numbers, you add their absolute values and keep the negative sign. In this case, -5 + (-8) is equal to -13 because the absolute values of 5 and 8 add up to 13, and the negative sign is retained. Choice B (8) is incorrect because adding two negative numbers results in a negative sum. Choice C (13) is incorrect as it doesn't consider the negative signs of the numbers being added. Choice D (-5) is incorrect because it does not account for the addition of the two negative numbers.

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