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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 number calculated from sample data






2. The score that falls in the middle






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






4. Interest calculated on the principle






5. Interest calculated on the principal plus any accumulated interest






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






7. Costs that remain constant






8. A loan






9. The unexpected variablility of returns






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






11. Per annum - yearly






12. Interest is paid once a year






13. Number calculated from population data






14. Time worked beyond the established working hours






15. Preference and common






16. Part ownership in a company






17. The length of the loan






18. Amounts of money you owe






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






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






21. The highest number in a group of data






22. Provide a specific dividend that is paid before any dividends are paid to common stock holders






23. Per day






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






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






26. Interest is paid 365 times a year






27. Paid in full






28. Security for a loan






29. An item of data the stays the same






30. The number you are dividing by






31. Parts of a whole number






32. Commission fee - inflation rate - capital gains tax






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






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






35. Simple and compound






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






37. The first number






38. When two ratios are equal






39. The number you are multipliying by






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






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






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






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






44. Investing in a well-established company






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






46. A comparison of two numbers






47. Share of the profits of a company






48. The lowest number in a group of data






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






50. The depreciation of an asset as an expense