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DSST Business Math Vocab 2

  • 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. Parts of a whole number

2. The lender

3. Number calculated from population data

4. The lowest number in a group of data

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

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

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

8. Paid in full

9. The highest number in a group of data

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

11. The first number

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

13. Investing in a well-established company

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

15. When two ratios are equal

16. Simple and compound

17. Something that is expected to return a profit

18. Interest calculated on the principle

19. Costs that remain constant

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

21. Commission fee - inflation rate - capital gains tax

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

23. The final figures

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

25. A comparison of two numbers

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

27. The depreciation of an asset as an expense

28. The number to be divided by

29. A number calculated from sample data

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

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

32. The owner of the property

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

34. Part ownership in a company

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

36. Non-payment

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

38. Interest calculated on the principal plus any accumulated interest

39. Algebraic - arithmetic

40. Costs that fluctuate

41. Interest is paid twelve times a year

42. The number you are dividing by

43. The borrower

44. The score that falls in the middle

45. Interest is paid 365 times a year

46. A loan

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

48. Time worked beyond the established working hours

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

50. A portion of the population being studied