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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. Money earned on an investment or paid on a loan






2. Interest is paid once a year






3. The lender






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






5. The number you are multipliying by






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






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






8. The length of time until the debt is zero






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






10. Commission fee - inflation rate - capital gains tax






11. The highest number in a group of data






12. The point where income and expenses intersect (no loss or profit)






13. The lowest number in a group of data






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






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






16. The final figures






17. of one hundred






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






19. Interest is paid 365 times a year






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






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






22. An item of data the stays the same






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






24. The unexpected variablility of returns






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






26. The first number






27. Interest is paid twice a year






28. Time worked beyond the established working hours






29. The depreciation of an asset as an expense






30. Interest is paid four times a year






31. Security for a loan






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






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






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






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






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






37. A loan






38. Amounts of money you owe






39. Paid in full






40. Something that is expected to return a profit






41. A comparison of two numbers






42. Interest calculated on the principle






43. Deciding if its worth the risk






44. A bill






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






46. Costs that fluctuate






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






48. Algebraic - arithmetic






49. Simple and compound






50. The total of units multiplied by the price







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Can you answer 50 questions in 15 minutes?


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