In 1854, during the California gold rush, each ounce of gold was worth $20, and the largest known mass of gold found in California was worth $62,400 in that year. What was the weight, in pounds, of this mass of gold? (16 ounces = 1 pound)

Explanation

To find the weight of the mass of gold in pounds, we can follow these steps:

### Step 1: Determine the total mass of gold in ounces.
Given that each ounce of gold is worth $20 and the total worth of the gold found is $62,400, we can set up the equation:

\[ \text{Total mass of gold (in ounces)} = \frac{\text{Total worth of gold}}{\text{Price per ounce}} \]
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