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If gold is currently trading at $600.00/oz and you have a gold coin worth $5,400.00, how much does the coin weig

(1 point)
9 oz
4.5 oz
18 oz
48 oz

User Peacelyk
by
8.0k points

1 Answer

2 votes

Final answer:

The gold coin weighs 9 oz.


Step-by-step explanation:

To find out how much the gold coin weighs, you can divide the total value of the coin by the current trading price of gold per ounce. In this case, the gold coin is worth $5,400.00 and gold is trading at $600.00/oz. So, the weight of the gold coin can be calculated by dividing $5,400.00 by $600.00, which equals 9 ounces.


Learn more about Calculating weight of a gold coin

User Bolat Kazybayev
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