Answer:
[tex]Worth = \$284258.1[/tex]
Step-by-step explanation:
Given
[tex]Dimension: 7in\ * 3in\ * 1in[/tex]
[tex]Value = \$1214/oz[/tex] ---- value of Gold
Required
The worth of 1 gold bar
First, calculate the volume (n) of the gold bar
[tex]n = 7in * 3in * 1in[/tex]
[tex]n = 21in^3[/tex]
Next, calculate the weight of the gold bar using:
[tex]w = 11.15n[/tex]
[tex]w = 11.15 * 21[/tex]
[tex]w = 234.15oz[/tex]
Multiply the value of Gold by the weight of the gold bar to get the worth of the gold bar.
[tex]Worth =Value * w[/tex]
This gives:
[tex]Worth = \$1214/oz * 234.15oz[/tex]
[tex]Worth = \$1214 * 234.15[/tex]
[tex]Worth = \$284258.1[/tex]
