Prior to 1983, pennies were made almost entirely of copper. If the scrap value of copper is $3.89 per pound, and each penny contains 2.95 g of copper, what is the scrap value of 7955.0 pennies (i.e., having a face value of $79.55)? Note: selling currency for scrap is illegal in the U.S.!

Chemistry
9th Edition
ISBN:9781133611097
Author:Steven S. Zumdahl
Publisher:Steven S. Zumdahl
Chapter1: Chemical Foundations
Section: Chapter Questions
Problem 113CP: On October 21, 1982, the Bureau of the Mint changed the composition of pennies (see Exercise 120)....
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Prior to 1983, pennies were made almost entirely of copper. If the scrap value of copper is $3.89 per pound, and each penny contains 2.95 g of copper, what is the scrap value of 7955.0 pennies (i.e., having a face value of $79.55)? Note: selling currency for scrap is illegal in the U.S.!

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