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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 owner of the property






2. The final figures






3. Interest calculated on the principle






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






5. Number calculated from population data






6. The length of the loan






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






8. Amounts of money you owe






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






10. Interest is paid twice a year






11. Something that is expected to return a profit






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






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






14. Interest is paid twelve times a year






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






16. The number you are dividing by






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






18. The total of units multiplied by the price






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






20. Deciding if its worth the risk






21. A series of discounts






22. The score that falls in the middle






23. The lender






24. The depreciation of an asset as an expense






25. Interest is paid four times a year






26. Per annum - yearly






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






28. The borrower






29. The number to be divided by






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






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






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






33. Interest is paid once a year






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






35. An item of data the stays the same






36. When two ratios are equal






37. Part ownership in a company






38. The length of time until the debt is zero






39. A number calculated from sample data






40. you may get a large return or get nothing






41. Share of the profits of a company






42. (simple average) adding the group of items and dividing by the total number of items






43. Paid in full






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






45. A loan






46. Algebraic - arithmetic






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






48. Paid dividends after the preference shares have been paid






49. A portion of the population being studied






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