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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. Per annum - yearly






2. Costs that fluctuate






3. Paid dividends after the preference shares have been paid






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






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






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






7. The score that falls in the middle






8. The unexpected variablility of returns






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






10. Interest is paid 365 times a year






11. The highest number in a group of data






12. Things you own






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






14. Interest is paid twice a year






15. Interest calculated on the principal plus any accumulated interest






16. When two ratios are equal






17. A bill






18. The total of units multiplied by the price






19. A comparison of two numbers






20. Deciding if its worth the risk






21. Investing in a well-established company






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






23. A loan






24. Number calculated from population data






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






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






27. Commission fee - inflation rate - capital gains tax






28. A number calculated from sample data






29. The lender






30. The number to be divided by






31. you may get a large return or get nothing






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






33. of one hundred






34. Amounts of money you owe






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






36. The first number






37. Costs that remain constant






38. Share of the profits of a company






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






40. The lowest number in a group of data






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






42. A percentage discount to customers






43. The borrower






44. An item of data the stays the same






45. Parts of a whole number






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






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






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






49. Interest is paid four times a year






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






Can you answer 50 questions in 15 minutes?



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