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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 price after any down-payment or trade-in






2. Time worked beyond the established working hours






3. Interest calculated on the principal plus any accumulated interest






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






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






6. of one hundred






7. Simple and compound






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






9. The number to be divided by






10. Deciding if its worth the risk






11. A bill






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






13. Amounts of money you owe






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






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






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






17. The length of time until the debt is zero






18. The unexpected variablility of returns






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






20. Share of the profits of a company






21. The score that falls in the middle






22. Part ownership in a company






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






24. A portion of the population being studied






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






26. Interest calculated on the principle






27. Something that is expected to return a profit






28. Investing in a well-established company






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






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






31. The lowest number in a group of data






32. When two ratios are equal






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






34. Per annum - yearly






35. The borrower






36. The length of the loan






37. The final figures






38. Parts of a whole number






39. you may get a large return or get nothing






40. Number calculated from population data






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






42. Interest is paid twice a year






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






44. Paid dividends after the preference shares have been paid






45. An item of data the stays the same






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






47. The highest number in a group of data






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






49. Algebraic - arithmetic






50. Interest is paid twelve times a year