Problem 8047. Weighted Gold/Silver Standard

Building off of the Gold Standard and Gold/Silver Standard problems, let's make a weighted currency convertor. The same data for gold value and silver-to-gold ratio will be provided in the function template.

For this problem, based on a historical year (HY) and a historical value (HV) in dollars, calculate the current value using the gold (CVG) and silver (CVS) references; see the referenced problems for details and examples of those individual problems. In this case, you will be provided a weighting that will range from 0 to 1, where 0 indicates complete weighting by gold and 1 indicates complete weighting by silver. Remember to round the result to two decimal places. If HY is outside of the historical data range, return NaN.

As an example, with HY = 2000, HV = 1000, and wt = 0.4:

  • CVG = $4534.09 (gold standard)
  • CVS = $3822.36 (silver standard)
  • CV = (1-0.4)*4534.09 + 0.4*3822.36 = $4249.40.

Solution Stats

66.15% Correct | 33.85% Incorrect
Last Solution submitted on Jan 20, 2024

Problem Comments

Solution Comments

Show comments

Problem Recent Solvers40

Suggested Problems

More from this Author139

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!