Cu Penny = Times Face Value
Posted: Wed Jan 19, 2011 9:11 am
I want to make sure I've calculated correctly.
When this thread was posted, copper was $4.4180 per pound.
I'm using the weight of one Cu penny as 0.0065135 of a pound.
The math: =(0.0065135 x 100) x 4.4180
The result is Cu pennies are worth 2.8777 times face value.
Does that calculation seem correct to you guys?
When this thread was posted, copper was $4.4180 per pound.
I'm using the weight of one Cu penny as 0.0065135 of a pound.
The math: =(0.0065135 x 100) x 4.4180
The result is Cu pennies are worth 2.8777 times face value.
Does that calculation seem correct to you guys?