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






2. The number you are dividing by






3. Part ownership in a company






4. The first number






5. The lender






6. Share of the profits of a company






7. A number calculated from sample data






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






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






10. A portion of the population being studied






11. The length of the loan






12. Costs that fluctuate






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






14. The number to be divided by






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






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






17. you may get a large return or get nothing






18. The score that falls in the middle






19. Interest calculated on the principal plus any accumulated interest






20. The number you are multipliying by






21. The final figures






22. Interest is paid twice a year






23. A percentage discount to customers






24. of one hundred






25. Costs that remain constant






26. The total of units multiplied by the price






27. The length of time until the debt is zero






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






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






30. Security for a loan






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






32. The owner of the property






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






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






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






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






37. Amounts of money you owe






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






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






40. Parts of a whole number






41. The borrower






42. Preference and common






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






44. Per annum - yearly






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






46. Interest is paid once a year






47. A series of discounts






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






49. Interest is paid twelve times a year






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







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Can you answer 50 questions in 15 minutes?


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