Going off the price of gold, and assuming my math isn’t just absolutely fucked, which it probably is because I’m just some schmuck doing math for funsies.
Current gold price is $150/gram according to the first site I found that wasn’t blinking the information at me in blue and neon green
150/7.25=20.69 (wage hours to a gram)
1/20.69 (1 gram divided by the wage hours) = 0.048 (total portion of gram representing one wage hour)
0.048x100 = 4.8 centigram
0.048x1,000= 48.33 mg for a more common conversion :)
Federal minimum wage is 4.8 centigrams per hour.
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Going off the price of gold, and assuming my math isn’t just absolutely fucked, which it probably is because I’m just some schmuck doing math for funsies.
Current gold price is $150/gram according to the first site I found that wasn’t blinking the information at me in blue and neon green
150/7.25=20.69 (wage hours to a gram)
1/20.69 (1 gram divided by the wage hours) = 0.048 (total portion of gram representing one wage hour)
0.048x100 = 4.8 centigram 0.048x1,000= 48.33 mg for a more common conversion :)