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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. you may get a large return or get nothing






2. The highest number in a group of data






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






4. Interest is paid 365 times a year






5. The number you are dividing by






6. Interest is paid twelve times a year






7. The lowest number in a group of data






8. Things you own






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






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






11. A percentage discount to customers






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






13. Preference and common






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






15. Commission fee - inflation rate - capital gains tax






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






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






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






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






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






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






22. Part ownership in a company






23. The number you are multipliying by






24. Interest calculated on the principal plus any accumulated interest






25. A series of discounts






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






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






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






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






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






31. The score that falls in the middle






32. A number calculated from sample data






33. Time worked beyond the established working hours






34. A comparison of two numbers






35. The number to be divided by






36. The length of time until the debt is zero






37. Simple and compound






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






39. Paid dividends after the preference shares have been paid






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






41. Per day






42. Per annum - yearly






43. Interest is paid four times a year






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






45. Something that is expected to return a profit






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






47. Amounts of money you owe






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






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






50. Paid in full