If the price of gold is 1227.00 dollars/oz what is the value of gold in the advertised coin? The coin has 31 mg of gold How many milligrams of gold would the coin need to contain if the value of gold in the coin was actually $50.00 ( assuming a gold price of 1227.00 dollars/oz?

Chemistry: Matter and Change
1st Edition
ISBN:9780078746376
Author:Dinah Zike, Laurel Dingrando, Nicholas Hainen, Cheryl Wistrom
Publisher:Dinah Zike, Laurel Dingrando, Nicholas Hainen, Cheryl Wistrom
Chapter2: Analyzing Data
Section: Chapter Questions
Problem 81A
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If the price of gold is 1227.00 dollars/oz what is the value of gold in the advertised coin? The coin has 31 mg of gold How many milligrams of gold would the coin need to contain if the value of gold in the coin was actually $50.00 ( assuming a gold price of 1227.00 dollars/oz?
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