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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 total of units multiplied by the price






2. Interest is paid 365 times a year






3. A loan






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






5. of one hundred






6. Parts of a whole number






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






8. The final figures






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






10. A bill






11. Deciding if its worth the risk






12. The score that falls in the middle






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






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






15. The point where income and expenses intersect (no loss or profit)






16. An item of data the stays the same






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






18. Non-payment






19. Things you own






20. Commission fee - inflation rate - capital gains tax






21. The number you are dividing by






22. The highest number in a group of data






23. The number you are multipliying by






24. Costs that remain constant






25. Per annum - yearly






26. The unexpected variablility of returns






27. The first number






28. Preference and common






29. you may get a large return or get nothing






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






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






32. Interest is paid twelve times a year






33. The owner of the property






34. A percentage discount to customers






35. Paid in full






36. Interest calculated on the principle






37. A number calculated from sample data






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






39. The number to be divided by






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






41. The price after any down-payment or trade-in






42. Number calculated from population data






43. Security for a loan






44. The length of time until the debt is zero






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






46. A portion of the population being studied






47. Interest is paid twice a year






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






49. Amounts of money you owe






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