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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 borrower






2. Per annum - yearly






3. Share of the profits of a company






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






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






6. Simple and compound






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






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






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






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






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






12. An item of data the stays the same






13. The unexpected variablility of returns






14. When two ratios are equal






15. The lender






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






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






18. Amounts of money you owe






19. Per day






20. Investing in a well-established company






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






22. Something that is expected to return a profit






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






24. The length of time until the debt is zero






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






26. Interest is paid twelve times a year






27. The depreciation of an asset as an expense






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






29. The length of the loan






30. Paid in full






31. A percentage discount to customers






32. Interest is paid twice a year






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






34. Paid dividends after the preference shares have been paid






35. A series of discounts






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






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






38. Interest calculated on the principle






39. Algebraic - arithmetic






40. Costs that remain constant






41. A bill






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






43. Commission fee - inflation rate - capital gains tax






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






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






46. The score that falls in the middle






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






48. The number you are dividing by






49. The final figures






50. Interest is paid 365 times a year