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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. Algebraic - arithmetic

2. The length of time until the debt is zero

3. The number to be divided by

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

5. you may get a large return or get nothing

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

7. Costs that remain constant

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

9. A loan

10. Adding columns of figures horizontally and vertically to check that the totals agree

11. The lender

12. Interest calculated on the principle

13. Per day

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

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

16. Interest is paid twelve times a year

17. Interest is paid 365 times a year

18. Commission fee - inflation rate - capital gains tax

19. Interest is paid once a year

20. Number calculated from population data

21. Preference and common

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

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

24. Investing in a well-established company

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

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

27. Things you own

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

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

30. The number you are multipliying by

31. The total of units multiplied by the price

32. Time worked beyond the established working hours

33. Interest calculated on the principal plus any accumulated interest

34. The final figures

35. The lowest number in a group of data

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

37. The borrower

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

39. The length of the loan

40. of one hundred

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

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

43. Costs that fluctuate

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

45. Part ownership in a company

46. Paid dividends after the preference shares have been paid

47. Deciding if its worth the risk

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

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

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