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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. Simple and compound






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






3. The length of time until the debt is zero






4. Number calculated from population data






5. The score that falls in the middle






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






7. An item of data the stays the same






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






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






10. Share of the profits of a company






11. Time worked beyond the established working hours






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






13. A loan






14. A portion of the population being studied






15. Interest is paid twelve times a year






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






17. Parts of a whole number






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






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






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






21. Security for a loan






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






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






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






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






26. Something that is expected to return a profit






27. Preference and common






28. Per annum - yearly






29. Per day






30. The number you are dividing by






31. A percentage discount to customers






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






33. Interest calculated on the principal plus any accumulated interest






34. Paid dividends after the preference shares have been paid






35. you may get a large return or get nothing






36. of one hundred






37. A number calculated from sample data






38. Paid in full






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






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






41. The number to be divided by






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






43. The unexpected variablility of returns






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






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






46. The first number






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






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






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






50. The lender