Question

Gold is currently trading at very high price. Suppose that gold is selling for around $1860/ounce. How

many milligrams of gold could you buy with one quarter? [

Answer 1

The answer is "3.81041978"

Step-by-step explanation:

`\to 1 \ OZ= 28.349523125 \ grams\\\\`

`=28.349523125* {1000} \ miligrams\\\\= 28349. 5231 \ miligrams\\`

In 1860
`= 28349.5231 \ miligrams\\`

`\to In \$ \ 1 = (28349.5231)/(1860) \ \ miligrams\\`

`= 15.2416791 \ miligrams`

`\ In \ 1 \ quarter = \$ \ 0.25`

`\to \$ \ 0.25 = 15.2416791 * 0.25 \ miligrams\\`

`= 3.81041978`