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






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






3. The length of time until the debt is zero






4. Per day






5. Interest is paid twice a year






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






7. Share of the profits of a company






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






9. The owner of the property






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






11. The borrower






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






13. An item of data the stays the same






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






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






16. A series of discounts






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






18. Interest is paid once a year






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






20. Part ownership in a company






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






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






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






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






25. The number you are multipliying by






26. A comparison of two numbers






27. The first number






28. Number calculated from population data






29. When two ratios are equal






30. Deciding if its worth the risk






31. A number calculated from sample data






32. The length of the loan






33. Interest is paid twelve times a year






34. you may get a large return or get nothing






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






36. Interest is paid 365 times a year






37. Parts of a whole number






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






39. The number to be divided by






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






41. Things you own






42. Interest is paid four times a year






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






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






45. The number you are dividing by






46. The lowest number in a group of data






47. Costs that fluctuate






48. A loan






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






50. Something that is expected to return a profit