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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 rate that one currency can be exchanged for another






2. The first number






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






4. The owner of the property






5. Paid in full






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






7. A loan






8. Share of the profits of a company






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






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






11. Interest calculated on the principle






12. The unexpected variablility of returns






13. Interest is paid four times a year






14. The lowest number in a group of data






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






16. The score that falls in the middle






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






18. Costs that fluctuate






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






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






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






22. Time worked beyond the established working hours






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






24. Something that is expected to return a profit






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






26. The length of time until the debt is zero






27. A comparison of two numbers






28. Commission fee - inflation rate - capital gains tax






29. An item of data the stays the same






30. The borrower






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






32. Per day






33. of one hundred






34. Simple and compound






35. The lender






36. Costs that remain constant






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






38. Interest calculated on the principal plus any accumulated interest






39. The total of units multiplied by the price






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






41. A bill






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






43. The number to be divided by






44. The highest number in a group of data






45. The number you are dividing by






46. Parts of a whole number






47. The final figures






48. A number calculated from sample data






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






50. Algebraic - arithmetic