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A Gold question :)

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  • Fri, Jan 02, 2009 - 06:29am

    #11
    jlmiller77

    jlmiller77

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    Joined: Sep 20 2008

    Posts: 1

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    Re: A Gold question :)

 (5 coins) X (1/10  oz/coin) = 5/10 oz = 1/2 oz   

 and

 (5 coins) X ( 1/25  oz/coin) = 5/25 oz = 1/5 oz

 so

1/2 oz + 1/5 oz = 5/10 oz + 2/10 oz = 7/10 oz

 if you arent good with fractions , use decimal and think of it like change

1/2 = 0.50

1/4 = 0.25 

1/10 = 0.10

1/20 = 0.05

1/25 = 0.04

so for your example,

 (5 coins) X (0.10  oz/coin) = 0.50 oz

(5 coins) X ( 0.04  oz/coin) = 0.20 oz

0.50 + 0.20 = 0.70 oz

  • Sun, Jan 04, 2009 - 10:13pm

    #12
    Gifts

    Gifts

    Status Member (Offline)

    Joined: Nov 28 2008

    Posts: 14

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    Re: A Gold question :)

Im not sure what coins they were bart – i dont understand things like that. I just figured that if everything goes bellly up and I need a doctor for one of my kids – maybe i could pay with gold or silver.

My way of thinking is prepare for the worst and hope for the best.

I run scenarios thru my mind and then try and cover it. I have come to realise though that we can only do our best – not everything can be covered  – a few gold coins sitting around wont hurt anyone 🙂

Thankyou miller that maths makes it real easy/

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