Final answer:
To calculate the weight of the diamond in pounds, you need to convert its mass from carats to grams and then from grams to pounds. The weight of the diamond in pounds is approximately 0.234 pounds.
Step-by-step explanation:
To calculate the weight of the diamond in pounds, we need to convert its mass from carats to grams, then from grams to pounds. Given that 1 carat is equal to 0.20 grams, we can calculate the weight of the diamond in grams by multiplying its mass in carats by 0.20. So, the diamond weighs 530.2 carats * 0.20 g/carat = 106.04 g.
Next, we convert the weight from grams to pounds. Since 1 gram is approximately 0.002205 pounds, we can calculate the weight of the diamond in pounds by multiplying its weight in grams by 0.002205. So, the diamond weighs 106.04 g * 0.002205 lb/g = 0.234 lb.
Therefore, the weight of the diamond in pounds is approximately 0.234 pounds.