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WorkKeys Applied Mathematics Vocabulary
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Avg score: 24% • Most missed: “A loan to finance a home”
WorkKeys Applied Mathematics Vocabulary
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1. An amount paid before obtaining a mortgage

2. The amount of money in your account

3. A type of account that earns interest for you

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

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

6. A line of credit, often at a particular business

7. To obtain agreement between two financial records by accounting for outstanding items

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

9. Fees paid for lawyers, credit checks and preparation of documents

10. A loan to finance a home

11. The length of a loan

12. The interest charged on the amount you owe

13. An institution that will finance a mortgage loan

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

15. Amount paid for borrowing money

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

17. Insurance to protect you if someone is injured on your property

18. Interest calculated based on a 365 day year

19. Money paid to protect you from theft and fire

20. Face value (divided) $1000

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

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

23. A document you receive with a monthly listing of all transactions processed by the closing date of that month

24. A plan for using money in a way that best meets your needs

25. Money received for being a shareholder in a corporation

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