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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 number you are dividing by






2. Interest calculated on the principle






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






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






5. Paid in full






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






7. Things you own






8. The owner of the property






9. The borrower






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






11. Part ownership in a company






12. The score that falls in the middle






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






14. Per annum - yearly






15. Costs that remain constant






16. Investing in a well-established company






17. Security for a loan






18. of one hundred






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






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






21. Interest is paid four times a year






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






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






24. The depreciation of an asset as an expense






25. Discounts offered to encourage customers to pay their bills on time






26. Time worked beyond the established working hours






27. The info collected from a survey and the figures generated through statistical analysis






28. Interest calculated on the principal plus any accumulated interest






29. Simple and compound






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






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






32. The length of time until the debt is zero






33. Share of the profits of a company






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






35. A percentage discount to customers






36. When two ratios are equal






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






38. A bill






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






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






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






42. The lender






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






44. A comparison of two numbers






45. you may get a large return or get nothing






46. An item of data the stays the same






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






48. Non-payment






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






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