Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required tables and equations: Cn=Ck(TkIn)C=dCd+mfmUmCA=CB(SBSA)XTx=Ku=1xunZu=K(un) Q1 - (20p) Owing to the rising cost of copper, in 1982 the U.S. Mint changed the composition of pennies

image text in transcribedimage text in transcribed

Required tables and equations: Cn=Ck(TkIn)C=dCd+mfmUmCA=CB(SBSA)XTx=Ku=1xunZu=K(un) Q1 - (20p) Owing to the rising cost of copper, in 1982 the U.S. Mint changed the composition of pennies from 95% copper (and 5% zinc) to 2.5% copper (and 97.5% zinc) to save money. Your faverite aunt has a collection of 4,500 pennies minted before 1982, and she intends on gifting the collection to you. What is the collection's value based on metal content alone? Copper sells for $3.75 per pound and zine for 50.75 per pound. It takes approximately 130 pre-1982 pennies to add up to one pound of total weight. Required tables and equations: Cn=Ck(TkIn)C=dCd+mfmUmCA=CB(SBSA)XTx=Ku=1xunZu=K(un) Q1 - (20p) Owing to the rising cost of copper, in 1982 the U.S. Mint changed the composition of pennies from 95% copper (and 5% zinc) to 2.5% copper (and 97.5% zinc) to save money. Your faverite aunt has a collection of 4,500 pennies minted before 1982, and she intends on gifting the collection to you. What is the collection's value based on metal content alone? Copper sells for $3.75 per pound and zine for 50.75 per pound. It takes approximately 130 pre-1982 pennies to add up to one pound of total weight

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Biometric And Auditing Issues Addressed In A Throughput Model

Authors: Waymond Rodgers

1st Edition

1617356530, 978-1617356537

More Books

Students also viewed these Accounting questions