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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 score that falls in the middle






2. Interest is paid twice a year






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






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






5. Things you own






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






7. Interest calculated on the principle






8. of one hundred






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






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






11. Costs that fluctuate






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






13. A comparison of two numbers






14. The length of the loan






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






16. The owner of the property






17. The amount of money borrowed is less than 75% of the purchase price






18. Something that is expected to return a profit






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






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






21. Share of the profits of a company






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






23. Per annum - yearly






24. Per day






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






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






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






28. A bill






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






30. electronic - portable (pocket) - computer - spreadsheets






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






32. Interest calculated on the principal plus any accumulated interest






33. Parts of a whole number






34. A loan






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






36. Security for a loan






37. Preference and common






38. Simple and compound






39. Non-payment






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






41. you may get a large return or get nothing






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






43. An item of data the stays the same






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






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






46. Investing in a well-established company






47. Paid in full






48. Where info is collected for every unit of the population






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






50. The total of units multiplied by the price