Question 266583: Suppose that gold is selling for 375$/ounce. How many milligrams of gold could you buy for one cent? Found 2 solutions by ankor@dixie-net.com, Alan3354:Answer by ankor@dixie-net.com(22740) (Show Source):
You can put this solution on YOUR website! Suppose that gold is selling for 375$/ounce.
How many milligrams of gold could you buy for one cent?
:
1 oz = 28.35 grams which is 28.35 * 1000 = 28,350 milligrams, cost $37500 cents)
: = .756 milligrams for 1 cent
