A gold bar is similar in shape to a rectangular prism. A gold bar is approximately 7 1 6 in. x2 in. x 1 in. If the value of gold is $1,417 per ounce, about how much 8 2 is one gold bar worth? Use the formula w ~ 11.15n, where w is the weight in ounces and n= volume in cubic inches, to find the weight in ounces. Explain how you found your answer.

A gold bar is similar in shape to a rectangular prism A gold bar is approximately 7 1 6 in x2 in x 1 in If the value of gold is 1417 per ounce about how much 8 class=

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ANSWER and EXPLANATION

We want to find how much the gold bar is worth.

First, we have to find the volume of the gold bar.

The volume of a rectangular prism is:

[tex]\begin{gathered} V=L\cdot W\cdot H \\ L=\text{length;} \\ W=\text{width;} \\ H=\text{height} \end{gathered}[/tex]

Therefore, the volume of the gold bar is:

[tex]\begin{gathered} V=6\cdot2\frac{7}{8}\cdot1\frac{1}{2} \\ V=6\cdot\frac{23}{8}\cdot\frac{3}{2} \\ V=25.88\text{ cubic inches} \end{gathered}[/tex]

Now, convert the volume to weight y using:

[tex]\begin{gathered} w\approx11.15n \\ \text{where w = weight in ounces; n = volume in cubic inches} \end{gathered}[/tex]

Therefore, its weight is:

[tex]\begin{gathered} w\approx11.15\cdot25.88 \\ w\approx288.56\text{ ounces} \end{gathered}[/tex]

Finally, multiple the weght by the value of gold:

[tex]\begin{gathered} \text{Worth}=288.56\cdot1417 \\ \text{Worth}=\text{ \$}408,889.52 \end{gathered}[/tex]

Therefore, the volume of the gold bar is about 25.88 in³, so the weight is approximately 288.56 ounces. So one gold bar is worth about $408,889.52