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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 length of time until the debt is zero






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






3. A percentage discount for buyers associated with the products being sold






4. The most frequently occuring value in a group of data






5. Shows the assets - liabilities and financial position of the company






6. Algebraic - arithmetic






7. A complete set of individuals - objects or scores being studied






8. A number calculated from sample data






9. A comparison of two numbers






10. Money earned on an investment or paid on a loan






11. Per annum - yearly






12. Simple and compound






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






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






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






16. A percentage discount to customers






17. The length of the loan






18. Deciding if its worth the risk






19. The number to be divided by






20. The owner of the property






21. The highest number in a group of data






22. The unexpected variablility of returns






23. The number you are multipliying by






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






25. The process of repossessing and selling the real or personal property when the borrower has defaulted






26. An item of data the stays the same






27. Interest calculated on the principal plus any accumulated interest






28. Interest is paid four times a year






29. Amounts of money you owe






30. More than one frequently occuring value in a group of data






31. Interest is paid twelve times a year






32. Investing in a well-established company






33. A rate that one currency can be exchanged for another






34. Interest is paid once a year






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






36. The number you are dividing by






37. Interest calculated on the principle






38. An item of data that has a different value at different times






39. Preference and common






40. Part ownership in a company






41. The borrower






42. A chart that shows the balance of the mortgage after each amortization period






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






44. The info collected from a survey and the figures generated through statistical analysis






45. Costs that remain constant






46. The lowest number in a group of data






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






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






49. Commission fee - inflation rate - capital gains tax






50. Interest is paid 365 times a year







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Can you answer 50 questions in 15 minutes?


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