What is the total worth of this quantity of gold?

Chemistry for Engineering Students
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ISBN:9781337398909
Author:Lawrence S. Brown, Tom Holme
Publisher:Lawrence S. Brown, Tom Holme
Chapter1: Introduction To Chemistry
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It has been estimated that 8.0 x 104 tons of gold (Au) have been mined. Assume gold costs $948 per ounce. What is the total worth of this quantity of gold? (1 ounce = 0.0625 lbs) (1 ton = 2000 lbs)

 

 

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