A U.S. 1 -cent coin (a penny) has a diameter of \(19 \mathrm{~mm}\) and a thickness of \(1.5 \mathrm{~mm}\). Assume the coin is made of pure copper, whose density and approximate market price are \(8.9 \mathrm{~g} / \mathrm{cm}^{3}\) and \(\$ 2.40\) per pound, respectively. Calculate the value of the copper in the coin, assuming its thickness is uniform.

Short Answer

Expert verified
Based on the given information, we can find the value of the copper in the penny by following these steps: 1. Calculate the volume of the coin: \(V = π(9.5)^2(1.5)\) 2. Convert volume to mass: \(m = 8.9~g/cm^3 × V~cm^3\) 3. Convert mass to weight in pounds: \(mass~(lbs) = \frac{m~(g)}{453.592}\) 4. Calculate the value of the copper: \( Value = \$ 2.40/lb × mass~(lbs)\) By performing these calculations, we can determine the value of the copper in the penny.

Step by step solution

01

Calculate the volume of the coin

First, we need to find the volume of the copper used in the penny. Since the penny is assumed to be a flat cylinder in shape, we can use the formula for the volume of a cylinder: \(V = πr^2h\), where V is the volume, r is the radius, and h is the height (thickness) of the coin. Given the diameter of the penny is 19 mm, the radius is \(r = \frac{19}{2}\) mm = 9.5 mm. The thickness (height) of the coin is given as 1.5 mm. Now, calculate the volume: \(V = π(9.5)^2(1.5)\)
02

Convert volume to mass

We have the volume of the copper used in the penny measured in mm^3. Convert the volume from mm^3 to cm^3: \(1~cm^3 = 1000~mm^3\). In order to find the mass of copper used in the penny, we need the given density of copper which is 8.9 g/cm^3. The mass (m) of copper in the coin can be obtained by multiplying the density by volume: m = density × volume.
03

Convert mass to weight in pounds

To find the value of the copper in the penny, we need first to convert the mass of the copper (in grams) to pounds (lbs). Convert the mass of copper from grams to pounds, using the conversion factor: \(1 lb = 453.592 g\).
04

Calculate the value of the copper in the penny

Now that we have the mass of copper in pounds, we can use the given market price of copper, which is $2.40 per pound, to calculate the value of the copper in the penny: Value = Market price × Mass of copper in pounds. Once you find the value of the copper in the penny, you can compare it to the actual value of the coin (1 cent).

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