Answer:
9 ounces.
Step-by-step explanation:
We have been given that gold is currently trading at $600/oz and you have a gold coin worth $5,400.
To find the weight of coin, let us divide weight of coin by value of coin per ounce.
[tex]\text{The weight of coin}=\frac{\$5400}{\frac{\$600}{\text{ oz}}}[/tex]
[tex]\text{The weight of coin}=\$5400\times\frac{\text{ oz}}{\$600}[/tex]
[tex]\text{The weight of coin}=9\text{ oz}[/tex]
Therefore, the coin weighs 9 ounces.
