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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 amount the property is worth at the end of the lease






2. A loan






3. A percentage discount to customers






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






5. A portion of the population being studied






6. The length of time until the debt is zero






7. Amounts of money you owe






8. The unexpected variablility of returns






9. The highest number in a group of data






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






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






12. The total of units multiplied by the price






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






14. Interest calculated on the principal plus any accumulated interest






15. Paid in full






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






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






18. Per day






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






20. Interest is paid four times a year






21. Part ownership in a company






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






23. A rate that one currency can be exchanged for another






24. of one hundred






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






26. Time worked beyond the established working hours






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






28. The depreciation of an asset as an expense






29. An item of data the stays the same






30. Interest is paid 365 times a year






31. A series of discounts






32. Interest calculated on the principle






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






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






35. The lowest number in a group of data






36. Parts of a whole number






37. Non-payment






38. The number to be divided by






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






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






41. Costs that fluctuate






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






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






44. Commission fee - inflation rate - capital gains tax






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






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






47. Something that is expected to return a profit






48. Investing in a well-established company






49. Deciding if its worth the risk






50. Interest is paid twice a year