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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 length of the loan






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






3. The number to be divided by






4. The length of time until the debt is zero






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






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






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






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






9. A loan






10. Investing in a well-established company






11. Interest calculated on the principal plus any accumulated interest






12. Amounts of money you owe






13. Something that is expected to return a profit






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






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






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






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






18. Preference and common






19. The lender






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






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






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






23. The score that falls in the middle






24. Interest is paid twelve times a year






25. Parts of a whole number






26. The borrower






27. An item of data the stays the same






28. Commission fee - inflation rate - capital gains tax






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






30. you may get a large return or get nothing






31. The highest number in a group of data






32. A portion of the population being studied






33. The unexpected variablility of returns






34. Interest is paid twice a year






35. Non-payment






36. A comparison of two numbers






37. The number you are multipliying by






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






39. Part ownership in a company






40. The final figures






41. Interest is paid four times a year






42. A number calculated from sample data






43. Paid dividends after the preference shares have been paid






44. The depreciation of an asset as an expense






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






46. Paid in full






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






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






49. Deciding if its worth the risk






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







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Can you answer 50 questions in 15 minutes?


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