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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 majority of the early payments go toward paying the interest on the loan






2. The lowest number in a group of data






3. Share of the profits of a company






4. Interest is paid once a year






5. Non-payment






6. The borrower






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






8. Interest is paid twelve times a year






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






10. An item of data the stays the same






11. A number calculated from sample data






12. Paid in full






13. Costs that remain constant






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






15. The first number






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






17. Interest calculated on the principle






18. Per day






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






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






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






22. The number to be divided by






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






24. The highest number in a group of data






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






26. The owner of the property






27. A loan






28. The unexpected variablility of returns






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






30. Number calculated from population data






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






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






33. Per annum - yearly






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






35. Things you own






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






37. Something that is expected to return a profit






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






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






40. Commission fee - inflation rate - capital gains tax






41. A portion of the population being studied






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






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






44. Simple and compound






45. of one hundred






46. Time worked beyond the established working hours






47. The final figures






48. A contract giving someone the right to use something for a certain length of time






49. A series of discounts






50. you may get a large return or get nothing