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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. A bill






2. An item of data the stays the same






3. A portion of the population being studied






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






5. Commission fee - inflation rate - capital gains tax






6. The length of the loan






7. The total of units multiplied by the price






8. The score that falls in the middle






9. Algebraic - arithmetic






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






11. The depreciation of an asset as an expense






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






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






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






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






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






17. Simple and compound






18. Share of the profits of a company






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






20. of one hundred






21. Interest is paid 365 times a year






22. Costs that fluctuate






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






24. Something that is expected to return a profit






25. Per day






26. Paid dividends after the preference shares have been paid






27. The highest number in a group of data






28. Interest is paid twice a year






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






30. Number calculated from population data






31. The number to be divided by






32. The owner of the property






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






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






35. A comparison of two numbers






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






37. More than one frequently occuring value in a group of data






38. Security for a loan






39. The lowest number in a group of data






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






41. The length of time until the debt is zero






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






43. The borrower






44. A series of discounts






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






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






47. Amounts of money you owe






48. Preference and common






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






50. The final figures