#### Study sets matching "vocab chapter 7 business math"

#### Study sets matching "vocab chapter 7 business math"

cash value

budget

average monthly expenses

life insurance

The amount your life insurance policy is worth if it is cancel…

Future spending plans.

The sum of the monthly amounts spent on a particular expense d…

A way of protecting your family from financial hardship when y…

cash value

The amount your life insurance policy is worth if it is cancel…

budget

Future spending plans.

Bond Discount

Bond Premium

Bonds

Bondholders

when the amount of market value of a bond is less than the par…

when the market value of a bond is more than par value

written promise to repay the money loaned on the due date

people who own the bonds

Bond Discount

when the amount of market value of a bond is less than the par…

Bond Premium

when the market value of a bond is more than par value

Average-daily-balance Method

Charge Account

Credit Card

Finance Charge

computing the finance charge on a credit account based on the…

an existing line of credit, often at a particular business

a card that allows the card holder to purchase goods and servi…

interest that is charged to a credit account if the account ho…

Average-daily-balance Method

computing the finance charge on a credit account based on the…

Charge Account

an existing line of credit, often at a particular business

list price

Trade Discount Amount

Trade Discount

EOM

wholesaler, suggested retail price.

the amount of discount that retailers receive off the list pri…

the amount of discount that the wholesaler or retailer receive…

End of Month (first 10 days of next month)

list price

wholesaler, suggested retail price.

Trade Discount Amount

the amount of discount that retailers receive off the list pri…

Manufacturer

Wholesaler

Retailer

Consumer

Makes the product

An intermediary entity in the distribution channel that buys i…

sell goods directly to individuals

a person who purchases goods and services for personal use.

Manufacturer

Makes the product

Wholesaler

An intermediary entity in the distribution channel that buys i…

credit card

charge account

account statement

finance charge

A card authorizing purchases on credit.

An existing line of credit at the business that issued it.

A bank statement that shows the status of your account, includ…

Interest charged by a credit card or charge account company fr…

credit card

A card authorizing purchases on credit.

charge account

An existing line of credit at the business that issued it.

adjacent angles

vertical angles

congruent angles

complementary angles

two angles share a common side and have the same vertex

two opposite angles that are formed by the intersection of two…

vertical angles have the same measures

two angles whose sum of their measures is 90 degrees

adjacent angles

two angles share a common side and have the same vertex

vertical angles

two opposite angles that are formed by the intersection of two…

Adjacent angels

Pyramid

Right Triangle

Scalene Triangle

Angles that share a common vertex, a common side, and do not o…

A polyhedron with one base that is a polygon and three or more…

A triangle with one right angle.

A triangle with no congruent sides .

Adjacent angels

Angles that share a common vertex, a common side, and do not o…

Pyramid

A polyhedron with one base that is a polygon and three or more…

life insurance

beneficiary

insurance policy

premium

insurance that protects your family from financial hardship wh…

the person you decide who will get your money when you die

contract which explains the details of your insurance

amount you pay to buy the insurance

life insurance

insurance that protects your family from financial hardship wh…

beneficiary

the person you decide who will get your money when you die

exponential notation

exponent

factor

line graph

mathematical method for writing longer multiplication problems…

power to which a given number or expression is to be raised, u…

a number or quantity that when multiplied with another produce…

type of chart which displays information as a series of data p…

exponential notation

mathematical method for writing longer multiplication problems…

exponent

power to which a given number or expression is to be raised, u…

credit card

charge account

account statement

finance charge

a card authorizing purchases on credit

an existing line of credit at the business that issued it

lists all the items that you purchased and other transactions

interest that the company charges to a credit account for not…

credit card

a card authorizing purchases on credit

charge account

an existing line of credit at the business that issued it

credit card

charge account

account statement

finance charge

A card authorizing purchases on credit.

An existing line of credit at the business that issued it.

A bank statement that shows the status of your account, includ…

Interest charged by a credit card or charge account company fr…

credit card

A card authorizing purchases on credit.

charge account

An existing line of credit at the business that issued it.

Credit card

Cash advances

APR

Finance charges

a card issued by a financial company giving the holder an opti…

a service provided by most credit card and charge card issuers…

the annual rate that is charged for borrowing, expressed as a…

interest or a fee charged for borrowing money or buying on cre…

Credit card

a card issued by a financial company giving the holder an opti…

Cash advances

a service provided by most credit card and charge card issuers…

Individual Retirement Account (IRA)

Market Price

Bond Discount

Bond Premium

Retirement Investment

The price at which a stock or bond is sold; the price or value…

When the amount of market value of a bond is less than the par…

When the market value of a bond is more than par value

Individual Retirement Account (IRA)

Retirement Investment

Market Price

The price at which a stock or bond is sold; the price or value…

Manufacturer

Wholesaler

Retailer

Consumer

a person, group, or company that owns or runs a manufacturing…

the sale of goods in quantity, as to retailers or jobbers, for…

the sale of goods to ultimate consumers, usually in small quan…

Economics. a person or organization that uses a commodity or s…

Manufacturer

a person, group, or company that owns or runs a manufacturing…

Wholesaler

the sale of goods in quantity, as to retailers or jobbers, for…

Addition Property of Equality

Division Property of Equality

equals sign

equation

property of equality used to solve subtraction equations

property of equality used to solve multiplication equations

a symbol of equality

mathematical sentence showing two expressions are equal

Addition Property of Equality

property of equality used to solve subtraction equations

Division Property of Equality

property of equality used to solve multiplication equations

order of operations

divide

dividend

divisor

a special set of rules that gives the order in which calculati…

to separate into equal groups

the number that is to be divided in a division problem

the number that divides the dividend

order of operations

a special set of rules that gives the order in which calculati…

divide

to separate into equal groups

cash value

budget

average monthly expenses

life insurance

The amount your life insurance policy is worth if it is cancel…

Future spending plans.

The sum of the monthly amounts spent on a particular expense d…

A way of protecting your family from financial hardship when y…

cash value

The amount your life insurance policy is worth if it is cancel…

budget

Future spending plans.

known fact

inverse operation

decompose

Identity Property of Multiplication

A fact I have memorized.

Two operations that undo each other, such as multiplication an…

To separate, or take apart a number.

The property that states that any number multiplied by one, th…

known fact

A fact I have memorized.

inverse operation

Two operations that undo each other, such as multiplication an…

algebraic expression

base

coefficient

equivalent expression

an expression that contains at least one variable, for example…

a number used as a repeated factor

a number that is multiplied by a variable

expressions that are equal to each other for any values of the…

algebraic expression

an expression that contains at least one variable, for example…

base

a number used as a repeated factor

Coordinate Plane

Evaluate

Numerical Expression

Ordered Pair

A plane that is formed when two number lines intersect at a ri…

To find the value of a numerical expression by completing each…

A combination of numbers and at least one operation, such as 9…

A pair of numbers that is used to name a point on a coordinate…

Coordinate Plane

A plane that is formed when two number lines intersect at a ri…

Evaluate

To find the value of a numerical expression by completing each…

Associative Property of Addition

Commutative Property of Addition

Composite number

Denominator

The property that states that you can group addends in differe…

The property that states that when the order of two fractions…

A number having more than two factors.

The number below the bar in a fraction that tells how many equ…

Associative Property of Addition

The property that states that you can group addends in differe…

Commutative Property of Addition

The property that states that when the order of two fractions…

Guaranteed Investment Certificate (GIC)

Non-redeemable Guaranteed Investment Ce…

Treasury bills (T-bills)

Commercial Paper

This is a type of investment. It is a Canadian investment that…

This is a type of investment. The deposited funds cannot be wi…

This is a type of investment. T-bills are contracts issued to…

This is a type of investment. These are issued by corporations…

Guaranteed Investment Certificate (GIC)

This is a type of investment. It is a Canadian investment that…

Non-redeemable Guaranteed Investment Ce…

This is a type of investment. The deposited funds cannot be wi…

Ratio

Equivalent ratios

Rate

Unit rate

is a comparison of two numbers

two ratios that name the same number

is a ratio involving two quantities in different units.

the rate for ONE unit of a given quantity

Ratio

is a comparison of two numbers

Equivalent ratios

two ratios that name the same number