Question
If gold is currently trading at $600.00/oz and you have a gold coin worth $5,400.00, how much does the coin weigh?
(1 point)
Responses
9 oz
9 oz
4.5 oz
4.5 oz
18 oz
18 oz
48 oz
(1 point)
Responses
9 oz
9 oz
4.5 oz
4.5 oz
18 oz
18 oz
48 oz
Answers
GPT-4o mini
To find out how much the gold coin weighs, you can divide the value of the coin by the price of gold per ounce.
Given:
- Value of the gold coin = $5,400.00
- Price of gold = $600.00/oz
Weight of the coin = Value of the coin / Price of gold per ounce
Weight of the coin = $5,400.00 / $600.00/oz
Weight of the coin = 9 oz
The answer is **9 oz**.
Given:
- Value of the gold coin = $5,400.00
- Price of gold = $600.00/oz
Weight of the coin = Value of the coin / Price of gold per ounce
Weight of the coin = $5,400.00 / $600.00/oz
Weight of the coin = 9 oz
The answer is **9 oz**.