Problem

The Morgan silver dollar has a mass of 26.73 g. By law, it was required to contain 90% s...

The Morgan silver dollar has a mass of 26.73 g. By law, it was required to contain 90% silver, with the remainder being copper. (a) When the coin was minted in the late 1800s, silver was worth $1.18 per troy ounce (31.1 g). At this price, what is the value of the silver in the silver dollar? (b) Today, silver sells for about $13.25 per troy ounce. How many Morgan silver dollars are required to obtain $25.00 worth of pure silver?

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