Question
If gold is currently trading at $800.00/oz. and you inherit a gold coin worth $3200.00, how much does the coin weigh?
(1 point)
Responses
2 oz.
2 oz.
4 oz
4 oz
24 oz.
24 oz.
12 oz.
(1 point)
Responses
2 oz.
2 oz.
4 oz
4 oz
24 oz.
24 oz.
12 oz.
Answers
GPT-4o mini
To find the weight of the gold coin, you can use the following formula:
\[
\text{Weight of the coin (in ounces)} = \frac{\text{Value of the coin}}{\text{Price per ounce of gold}}
\]
Given that the value of the coin is $3200.00 and the price of gold is $800.00/oz, the calculation would be:
\[
\text{Weight} = \frac{3200}{800} = 4 \text{ oz.}
\]
So, the coin weighs **4 oz.**
\[
\text{Weight of the coin (in ounces)} = \frac{\text{Value of the coin}}{\text{Price per ounce of gold}}
\]
Given that the value of the coin is $3200.00 and the price of gold is $800.00/oz, the calculation would be:
\[
\text{Weight} = \frac{3200}{800} = 4 \text{ oz.}
\]
So, the coin weighs **4 oz.**