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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. Costs that fluctuate






2. The number you are multipliying by






3. Deciding if its worth the risk






4. Preference and common






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






6. The lowest number in a group of data






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






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






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






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






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






12. The point where income and expenses intersect (no loss or profit)






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






14. The number to be divided by






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






16. Non-payment






17. The unexpected variablility of returns






18. Interest calculated on the principal plus any accumulated interest






19. Interest calculated on the principle






20. The borrower






21. Something that is expected to return a profit






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






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






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






25. Commission fee - inflation rate - capital gains tax






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






27. Per annum - yearly






28. A percentage discount to customers






29. Interest is paid twelve times a year






30. Shows the money coming in and expenses for a certain period of time.






31. Investing in a well-established company






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






33. Amounts of money you owe






34. A loan






35. Paid in full






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






37. A portion of the population being studied






38. you may get a large return or get nothing






39. The owner of the property






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






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






42. The length of the loan






43. Paid dividends after the preference shares have been paid






44. The score that falls in the middle






45. A number calculated from sample data






46. The number you are dividing by






47. Security for a loan






48. Number calculated from population data






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






50. Simple and compound