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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 length of time until the debt is zero






2. The lowest number in a group of data






3. Security for a loan






4. A bill






5. The score that falls in the middle






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






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






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






9. Deciding if its worth the risk






10. Investing in a well-established company






11. The owner of the property






12. The first number






13. Part ownership in a company






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






15. Share of the profits of a company






16. Commission fee - inflation rate - capital gains tax






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






18. Interest calculated on the principle






19. A comparison of two numbers






20. Costs that remain constant






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






22. The number to be divided by






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






24. Per day






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






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






27. Interest is paid once a year






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






29. The highest number in a group of data






30. Things you own






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






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






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






34. The depreciation of an asset as an expense






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






36. The length of the loan






37. Number calculated from population data






38. of one hundred






39. The final figures






40. Per annum - yearly






41. Interest is paid four times a year






42. Paid dividends after the preference shares have been paid






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






44. you may get a large return or get nothing






45. The total of units multiplied by the price






46. Preference and common






47. The number you are dividing by






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






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






50. The lender