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






2. The number you are dividing by






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






4. Amounts of money you owe






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






6. A portion of the population being studied






7. Something that is expected to return a profit






8. Time worked beyond the established working hours






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






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






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






12. Interest is paid twice a year






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






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






15. The depreciation of an asset as an expense






16. Costs that fluctuate






17. Part ownership in a company






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






19. Share of the profits of a company






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






21. The number you are multipliying by






22. A series of discounts






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






24. The owner of the property






25. of one hundred






26. The lowest number in a group of data






27. Interest is paid once a year






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






29. The borrower






30. The total of units multiplied by the price






31. A percentage discount to customers






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






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






34. Paid dividends after the preference shares have been paid






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






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






37. Interest is paid twelve times a year






38. A number calculated from sample data






39. The first number






40. Per day






41. you may get a large return or get nothing






42. Algebraic - arithmetic






43. Costs that remain constant






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






45. The length of time until the debt is zero






46. Things you own






47. A comparison of two numbers






48. Interest calculated on the principal plus any accumulated interest






49. Number calculated from population data






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







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Can you answer 50 questions in 15 minutes?


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