If gold is selling presently for $1000.00/oz how much would 1 cubic inch of gold be worth?

Question

Given: 1 inch= 2.54 cm; 1 oz: 28.3 g. Density of gold: 19.5 g/cm^3

Answer 1

This problem has given you the conversions you need. Let's write them all on one line, in a logical order.

$1000/oz * 1 oz/28.3 g * 19.5 g/cm³ * (2.54 cm/in)³

$1000/oz * 1 oz/28.3 g * 19.5 g/cm³ * 16.38 cm³/in³

Multiplying these fractions and canceling units gives $11,287/in³