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DSST Business Math Vocab 2

  • 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 complete set of individuals - objects or scores being studied

2. The borrower

3. Amounts of money you owe

4. The number you are dividing by

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

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

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

8. Paid in full

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

10. An item of data the stays the same

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

12. The owner of the property

13. A percentage discount to customers

14. Interest is paid once a year

15. The number to be divided by

16. Part ownership in a company

17. Paid dividends after the preference shares have been paid

18. Simple and compound

19. A portion of the population being studied

20. Preference and common

21. Share of the profits of a company

22. Things you own

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

24. Security for a loan

25. Investing in a well-established company

26. of one hundred

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

28. Interest is paid four times a year

29. A number calculated from sample data

30. Number calculated from population data

31. The highest number in a group of data

32. A series of discounts

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

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

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

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

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

38. The final figures

39. Per day

40. A comparison of two numbers

41. Interest calculated on the principle

42. The depreciation of an asset as an expense

43. The score that falls in the middle

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

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

46. A bill

47. The lender

48. The total of units multiplied by the price

49. Algebraic - arithmetic

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