You find a chunk of gold in the desert. You weigh it at 2.8 pounds. You rush to the Internet to find that gold is currently selling at $20,201 per pound. Before you go to an expert to find out how rich you really are, you estimate the value of the gold. Which of these is a reasonable estimate?
a.)a little more than $45,000
b.)a little more than $45,000
c.)a little more than $60,000
d.)a little less than $60,000
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The price of gold multiplied by the amount you have. $20,201 times 2.8 pounds = ?
c) because 3 (about 2.8) x 20,000 (about 20.201) = 60,000
It would be D. 20,000 times 3 would be right at 60. 2.8 would leave less than 60,000