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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. of one hundred






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






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






4. The number to be divided by






5. Per annum - yearly






6. A comparison of two numbers






7. A bill






8. The borrower






9. Things you own






10. The score that falls in the middle






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






12. Part ownership in a company






13. The unexpected variablility of returns






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






15. The owner of the property






16. Number calculated from population data






17. A number calculated from sample data






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






19. Interest calculated on the principle






20. The depreciation of an asset as an expense






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






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






23. Parts of a whole number






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






25. The number you are dividing by






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






27. The first number






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






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






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






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






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






33. you may get a large return or get nothing






34. Interest is paid four times a year






35. A portion of the population being studied






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






37. The length of time until the debt is zero






38. Deciding if its worth the risk






39. Commission fee - inflation rate - capital gains tax






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






41. The most frequently occuring value in a group of data






42. Investing in a well-established company






43. The lowest number in a group of data






44. Security for a loan






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






46. Non-payment






47. Interest is paid once a year






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






49. The highest number in a group of data






50. Something that is expected to return a profit