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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 lowest number in a group of data






2. The score that falls in the middle






3. A number calculated from sample data






4. The number you are multipliying by






5. Things you own






6. Something that is expected to return a profit






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






8. The depreciation of an asset as an expense






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






10. Interest is paid twelve times a year






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






12. The length of time until the debt is zero






13. Per annum - yearly






14. A bill






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






16. A decimal figure when x by 2400 gives an approximate annual interest rate






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






18. Interest is paid 365 times a year






19. of one hundred






20. Interest calculated on the principal plus any accumulated interest






21. The owner of the property






22. you may get a large return or get nothing






23. Number calculated from population data






24. The number you are dividing by






25. Amounts of money you owe






26. A portion of the population being studied






27. Deciding if its worth the risk






28. Parts of a whole number






29. (simple average) adding the group of items and dividing by the total number of items






30. Provide a specific dividend that is paid before any dividends are paid to common stock holders






31. The length of the loan






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






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






34. The lender






35. Interest is paid twice a year






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






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






38. Part ownership in a company






39. Commission fee - inflation rate - capital gains tax






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






41. The highest number in a group of data






42. The borrower






43. The final figures






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






45. Interest is paid four times a year






46. Interest is paid once a year






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






48. The number to be divided by






49. The total of units multiplied by the price






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