> I am not seeing how 3 = 0.75.
You're confusing two things.
"Chord" is a word meaning a certain part of a triangle that touches a circle. In your case the chord has phyiscal length AB and so it's 3 inches, or 3 cm, or if you weren't worrying about units, it's just 3 whatevers.
"Chord" also has a different meaning: it's the name of a mathematical function that returns a dimensionless number, i.e. a ratio. For you, the chord function yields 0.75. This function, like other trig functions, is basically designed to support a circle of unit radius. Since your circle has a radius of 4 inches though, you need to take that into account: 0.75 x 4" yields 3", the length of your physical chord.
A similar confusion exists for a number of trigonometric terms. All of these are both mathematical functions and parts of physical diagrams: sine, cosine, tangent, secant, exsecant, and chord. In practice, I think most people don't run into this confusion because they usually just use these words to refer to the mathematical functions and almost never to actual parts of physical diagrams, with physical sizes.
If you insist on using these words for both mathematical functions, and for parts of diagrams, you will continue to confuse yourself. It will help at least if you think about the parts of diagrams as having units such as inches, or centimeters.
By the way, these functions are very archaic and seldom used in mathematics: chord, exsecant, versine, haversine, coversine, cohaversine, hacoversine, etc. Also, apothem and sagittus are parts of triangles/diagrams but are never used to refer to functions. You won't find ANY of these on a modern calculator.
You're better off getting used to the commonly used functions and expressing in terms of them: sine, cosine, secant, tangent, cotangent, cosecant.