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MMA Spring Exam

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Salary   A set amount that you make per year.  
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Commission   A percentage of sales.  
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Medicare Tax   1.4% of gross pay. Medical coverage for those over 65.  
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Social Security Tax   6.2% of gross pay. Small retirement payments for those over 65.  
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Federal Income Tax Withholdings   Amount that the company withholds from your check toward Federal Income Taxes. Found from Tax Withholding Charts  
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IRS   Internal Revenue Service. The government agency that collects income tax.  
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Gross income   The total amount of income that you made from all sources.  
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Principal   the original loan or investment amount  
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Interest   a percentage amount of a loan amount that must be repaid along with the loan amount  
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Simple Interest   interest that is calculated on just the loan principal, not including any accrued interest  
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Annual Percentage Rate (APR)   the yearly interest rate for a loan  
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Compound Interest   interest that is calculated on the total amount owed, including previously accrued interest  
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Congruent Figures   Two figures that are the same shape and same size. Corresponding sides and angles are equal.  
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Similar Figures   Two figures that are the same shape but not necessarily the same size. Corresponding angles are equal, and the sides are proportional.  
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Proportion   The relative sizes of two or more values; written as a fraction or with a colon between the values.  
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Scale Factor   The ratio of the length of a side of one figure to the length of the corresponding side of the other figure.  
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Distance   How far apart two objects are.  
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Area   The space occupied by a flat shape; measured in square units  
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Volume   The amount of space taken up by an object; measured in cubic units.  
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Pythagorean Theorem   a^2+b^2=c^2 - the area of the square whose side is the hypotenuse is equal to the sum of the areas of the squares on the other two sides.  
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Hypotenuse   In a right triangle, the side that is across from or not touching the right angle. Also, the longest side.  
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Leg   In a right triangle, one of the two sides touching the right angle.  
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Right Triangle   A triangle with one 90° angle.  
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Special Right Triangles   A triangle with 30°-60°-90° angles or with 45°-45°-90° angles.  
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Distance Formula   d=√[(x2-x1)^2+(y2-y1)^2 ]  
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Trigonometry   A branch of mathematics that studies relationships between side lengths and angles of right triangles.  
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Opposite   In English, on the other side. In a right triangle, the leg that is not touching or is across from the angle.  
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Adjacent   In English, next to. In a right triangle, the leg that is touching or is next to the angle.  
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Theta (θ)   Greek letter used as a variable for unknown degree of an angle.  
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SOHCAHTOA   An acronym that helps you remember the trig formulas.  
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Sine (θ)   opposite/hypotenuse  
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Cosine (θ)   adjacent/hypotenuse  
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Tangent (θ)   opposite/adjacent  
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