**Pat deposits $600 in a savings account at a simple interest rate 6% per year for 5 years. How much money will Pat have earned in interest at the end of 5 years?**

$360

$180

$95

$36

*Correct Answer : B*

In the simple interest, we utilize the following formula to find the simple interest after a period of time in years.

I=P*r*t

I is the interest

P=Principal or initial deposit

r=rate

t=time in years

From the given problem, P=$600, r=6%=6/100=0.06, t=5 years. Then

I=$600*0.06*5=$180

After 5 years, Pat will earn an interest of $180.

## TEAS 7 Exam Quiz Bank

## HESI A2 Exam Quiz Bank

### Find More Questions ðŸ“š

**$69**/ month

**Teas 7 Questions:** We got the latest updated TEAS 7 questions

**100% Money Refund:** 100% money back guarantee if you take our full
assessment pass with 80% and fail the actual exam.

**Live Tutoring:** Fully customized live tutoring lessons.

**Guaranteed A Grade:** All students who use our services pass with 90%
guarantee.

Related Questions

### Correct Answer is B

#### Explanation

Here we are required to find the area of the square of sides 3.1 m. The square is a four-sided figure with each side equal and opposite sides making 90 degrees.

Area of the square =side*side

Side=3.1 m

Area of the square =**3.1 m *3.1 m**=9.61 m2

*Note: 3.1 + 3.1 = 6.2 which is a wrong answer.*

### Correct Answer is A

#### Explanation

all products represent 100%. Then, the portion of defect products is:

0.0025 of 100%

‘of’ means multiply

0.0025 *100%=0.25%

### Correct Answer is D

#### Explanation

Percentages always add up to 100%. If we let x be the percent of graduates working for jobs unrelated to law, then

74%+3%+2%+x=100%

79%+x=100%

Subtract 79% from both sides of the equation

79%-79%+x=100%

x=100%-79%

x=21%

So, the number of graduates working for jobs unrelated to law is 21%.

### Correct Answer is C

#### Explanation

When dividing fractions, the division sign is changed into multiply sign and the first fraction is multiplied by the inverse of the second fraction.

Change division to multiply sign and find invers of 5/8. The inverse of a fraction is inverting the given fraction. The denominator becomes the numerator and the numerator becomes the denominator.

* *

### Correct Answer is D

#### Explanation

To answer this question, we need to observe the trend of the number of days with dollars. On day 2, the dollars were 8, after 5 days, the dollars decreased to 3, after 13 days, the dollars increased to 10. After 14 days, the dollars declined to 6 and again rose to 16 dollars after 19 days.

From this observation, we cannot be able to establishany correlation between days and dollars.

### Correct Answer is A

#### Explanation

From the given problem,

49.5 pounds of fertilizer is needed to farm 1 acre of land. This can be interpreted as:

Or

Now we are needed to find the acres of land that will be farmed using 2000 pounds of fertilizers. To solve this, we use the second option as follows:

2000 pounds of fertilizers can farm approximately 40 acres of land.

### Correct Answer is D

#### Explanation

Here, the athlete runs 6 miles in 51 minutes, which can be expressed as:

Now, in 90 minutes, the athlete will cover about

Therefore, the athlete runs about 10.6 miles in 90 minutes.

### Correct Answer is B

#### Explanation

The whole pie chart represents 100%, which we use together with the given percentages to find the respective different sports. Note that 100% is equal to 500 surveyed students. The, the number of teenagers who prefer:

Soccer

Hockey

Football

Basketball

Other

From the evaluations above, 90 teenagers love soccer, 80 love hockey, 190 teenagers love football, 120 teenagers love basketball, and 20 teenagers love others.

### Correct Answer is A

#### Explanation

to solve for x, we order like terms together and proceed as follows:

4x-3-5x=24

Add 3 to both sides of the equation

4x-3+3-5x=24+3

4x+3-3-5x=27

4x-5x=27

-x=27

Divide both sides by -1

-x/-1=27/-1

x= -27

Thus, the unknown value of x is -27

### Correct Answer is D

#### Explanation

We solve the problem by first finding the amount of gallons needed for the whole trip then find the cost of the gallon.

The car uses 1 gallon to cover 25 miles, which is same as:

Now, in 3000 miles, the car will use how many gallons of gasoline?

A trip of 3000 miles will need 120 gallons. And to find the cost of 120 gallons, we proceed as follows:

The family will spend $199.20 to drive for 3000 miles.

__our TEAS community__This question was extracted from the actual TEAS Exam. Ace your TEAS exam with the actual TEAS 7 questions, Start your journey with us today

Visit Naxlex, the Most Trusted TEAS TEST Platform With Guaranteed Pass of 90%.

Money back guarantee if you use our service and fail the actual exam. Option of personalised live tutor on your area of weakness.