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DSST Business Math Vocab 2

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. The price after any down-payment or trade-in






2. An item of data the stays the same






3. of one hundred






4. The amount of money borrowed is between 75% - 95% of the purchase price






5. A portion of the population being studied






6. Deciding if its worth the risk






7. The difference between the highest and lowest numbers in a set of data






8. Amount of money coming in and going out of your business monthly






9. A bill






10. The borrower






11. A series of discounts






12. Indicators of the confidence investors have in a company (the higher the better)






13. The owner of the property






14. The number to be divided by






15. Paid in full






16. Algebraic - arithmetic






17. The score that falls in the middle






18. you may get a large return or get nothing






19. Interest calculated on the principle






20. Time worked beyond the established working hours






21. A loan






22. Share of the profits of a company






23. Discounts offered to encourage customers to pay their bills on time






24. Preference and common






25. The unexpected variablility of returns






26. Costs that fluctuate






27. Property other than real estate (often called a chattel mortgage)






28. Interest is paid twice a year






29. A comparison of two numbers






30. The money paid to an employee based on a percentage of their sales






31. Shows the money coming in and expenses for a certain period of time.






32. The number you are dividing by






33. Non-payment






34. The lowest number in a group of data






35. Per day






36. The majority of the early payments go toward paying the interest on the loan






37. Costs that remain constant






38. Interest is paid four times a year






39. used when the each piece of data has more than one component






40. A contract giving someone the right to use something for a certain length of time






41. A number calculated from sample data






42. The interest amount is small - but you are guaranteed to get something






43. Adding columns of figures horizontally and vertically to check that the totals agree






44. When two ratios are equal






45. A percentage discount to customers






46. The person paying to borrow property for a certain amount of time for payments






47. loans to companies or goverments (no voting rights)






48. The amount the property is worth at the end of the lease






49. Money given to someone on condition the person will return the money and interest by a specific date






50. real estate (houses - condos - warehouses - factories - etc)







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