The ______________________________ Is Defined as the Ratio of the Side

question 3

Short Answer

The ______________________________ is defined as the ratio of the side adjacent to an acute angle divided by the hypotenuse or (Cosine A = b/c), and the ______________________________ is defined as the ratio of the side opposite to an acute angle divided by the side adjacent (Tan A = a/b).

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Definitions:

Compound Annual Rate

The rate at which a sum of money would grow if it were compounded once per year.

Mining Town

A community developed to house miners and is located near mining operations.

Effective Rate

The total calculated interest on a loan or investment annually, including compounding, differing from the nominal interest rate.

Effective Annualized Rate

The interest rate that is annualized using compounding over a given period, providing a true reflection of the financial cost.