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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 most frequently occuring value in a group of data






2. Simple and compound






3. The lowest number in a group of data






4. Costs that fluctuate






5. The owner of the property






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






7. The score that falls in the middle






8. Parts of a whole number






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






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






11. A series of discounts






12. Costs that remain constant






13. Interest is paid once a year






14. The length of time until the debt is zero






15. Interest calculated on the principle






16. Time worked beyond the established working hours






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






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






19. An item of data the stays the same






20. The lender






21. Algebraic - arithmetic






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






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






24. Number calculated from population data






25. The highest number in a group of data






26. The total of units multiplied by the price






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






28. Part ownership in a company






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






30. Interest is paid 365 times a year






31. Amounts of money you owe






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






33. Interest is paid twelve times a year






34. Interest is paid twice a year






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






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






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






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






39. A portion of the population being studied






40. The final figures






41. Commission fee - inflation rate - capital gains tax






42. The length of the loan






43. Share of the profits of a company






44. The unexpected variablility of returns






45. A comparison of two numbers






46. you may get a large return or get nothing






47. Per annum - yearly






48. Interest is paid four times a year






49. The number you are multipliying by






50. When two ratios are equal