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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. Security for a loan






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






3. When two ratios are equal






4. Commission fee - inflation rate - capital gains tax






5. Interest is paid four times a year






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






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






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






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






10. The highest number in a group of data






11. The lowest number in a group of data






12. Investing in a well-established company






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






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






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






16. of one hundred






17. An item of data the stays the same






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






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






20. The number you are multipliying by






21. The first number






22. Interest is paid twice a year






23. Simple and compound






24. The total of units multiplied by the price






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






26. The owner of the property






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






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






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






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






31. Interest calculated on the principal plus any accumulated interest






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






33. The length of time until the debt is zero






34. The number to be divided by






35. Per day






36. The lender






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






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






39. Number calculated from population data






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






41. The final figures






42. Per annum - yearly






43. Costs that fluctuate






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






45. Where info is collected for every unit of the population






46. Interest is paid twelve times a year






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






48. Paid in full






49. A portion of the population being studied






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