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WorkKeys Applied Mathematics Vocabulary
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WorkKeys Applied Mathematics Vocabulary
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25 Questions

1. The interest charged on the amount you owe

2. The length of a loan

3. Public services such as water, phone, electricity and garbage pickup

4. Interest calculated based on a 365 day year

5. Money collected to operate and maintain roads, parks, schools, and government offices

6. Interest calculated based on a 360 day year

7. The cost per unit of measure or count of an item

8. A kind of savings account that requires a specific deposit for a specified time

9. Covers employees who are hurt on the job

10. A written order directing the bank to deduct money from your checking account to make a payment

11. Covers employees who lose their jobs through no fault on their own

12. The dollar value assigned to a property by a tax assessor

13. Money paid to protect you from theft and fire

14. The price of a product sold for a lower price than the regular selling price

15. Is equal to the selling price plus the sales tax

16. A record prepared by the bank listing all transactions the bank has recorded

17. Amount paid for borrowing money

18. The markdown of an item expressed as a percent of the regular sale price

19. Face value (divided) $1000

20. A person who receives the money from life insurance if the insured dies

21. An amount paid before obtaining a mortgage

22. Price at which a house can be bought or sold

23. Shares of ownership in a corporation

24. In order to obtain them, a UPC label, sales slips, and a coupon must be mailed in to the manufacturer

25. Allows the holder to buy things on demand by presenting it