The U.S. Mint produces a dollar coin called the American Silver Eagle that is made of nearly pure silver. This coin has a diameter of 41 \(\mathrm{mm}\) and a thickness of 2.5 \(\mathrm{mm}\) . The density and approximate market price of silver are 10.5 \(\mathrm{g} / \mathrm{cm}^{3}\) and \(\$ 0.51\) per gram, respectively. Calculate the value of the silver in the coin, assuming its thickness is uniform.

Short Answer

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\( radius = \frac{41 \text{ mm}}{2} = 20.5 \text{ mm} \) #tag_title#Step 2: Calculate the volume of the coin#tag_content#Using the radius and thickness of the coin, we can find the volume using the formula for the volume of a cylinder: \( V = \pi r^2h \) where V is the volume, r is the radius, and h is the thickness. The height in this case is the thickness of the coin, which is 2.5 mm. \( V = \pi (20.5 \text{ mm})^2 (2.5 \text{ mm}) = 3330.15 \text{ mm}^3 \) Now convert the volume to cm³: \( 1 \text{ cm}^3 = 1000 \text{ mm}^3 \) \( V = 3330.15 \text{ mm}^3 \times \frac{1 \text{ cm}^3}{1000 \text{ mm}^3} = 3.33015 \text{ cm}^3 \) #tag_title#Step 3: Calculate the mass of the coin#tag_content#Using the density and the volume of the coin, we can calculate its mass: \( mass = density \times volume \) The density of silver is given as 10.5 g/cm³: \( mass = (10.5 \, \text{g}/\text{cm}^3) \times 3.33015 \, \text{cm}^3 = 34.966575 \, \text{g} \) #tag_title#Step 4: Calculate the value of the silver in the coin#tag_content#Finally, we multiply the mass of the coin by the market price of silver per gram to find the value of the silver in the coin: \( Value = mass \times price \) The market price of silver is given as $0.51 per gram: \( Value = 34.966575 \, \text{g} \times \$0.51/\text{g} = \$17.83317375 \)

Step by step solution

01

Calculate the radius of the coin

Given the diameter of the coin, 41 mm, we can calculate its radius by dividing the diameter by 2: radius = diameter/2

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