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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. Part ownership in a company






2. Deciding if its worth the risk






3. of one hundred






4. Interest is paid once a year






5. Interest is paid twice a year






6. Per day






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






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






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






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






11. Per annum - yearly






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






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






14. Interest is paid four times a year






15. The borrower






16. The depreciation of an asset as an expense






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






18. Interest is paid 365 times a year






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






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






21. Interest calculated on the principal plus any accumulated interest






22. The total of units multiplied by the price






23. you may get a large return or get nothing






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






25. Interest calculated on the principle






26. Non-payment






27. A comparison of two numbers






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






29. Investing in a well-established company






30. The number to be divided by






31. Commission fee - inflation rate - capital gains tax






32. The lowest number in a group of data






33. Security for a loan






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






35. Interest is paid twelve times a year






36. Costs that remain constant






37. A loan






38. Things you own






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






40. Time worked beyond the established working hours






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






42. A percentage discount to customers






43. Amounts of money you owe






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






45. The lender






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






47. The number you are dividing by






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






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






50. Parts of a whole number







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Can you answer 50 questions in 15 minutes?


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