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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. Interest calculated on the principal plus any accumulated interest






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






3. The final figures






4. An item of data the stays the same






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






6. Per annum - yearly






7. Deciding if its worth the risk






8. When two ratios are equal






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






10. The unexpected variablility of returns






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






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






13. The number to be divided by






14. A portion of the population being studied






15. Parts of a whole number






16. Amounts of money you owe






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






18. Commission fee - inflation rate - capital gains tax






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






20. Share of the profits of a company






21. loans to companies or goverments (no voting rights)






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






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






24. A bill






25. The lowest number in a group of data






26. Interest calculated on the principle






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






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






29. Interest is paid 365 times a year






30. Per day






31. Number calculated from population data






32. of one hundred






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






34. The first number






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






36. Costs that remain constant






37. The highest number in a group of data






38. Interest is paid four times a year






39. Non-payment






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






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






42. A comparison of two numbers






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






44. A number calculated from sample data






45. Adding columns of figures horizontally and vertically to check that the totals agree






46. The borrower






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






48. Interest is paid once a year






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






50. Interest is paid twelve times a year