The cost of 1, 3 and 4 ounces of gold in 2016 was $1,320, $3,960 and $5,280 respectively.
Cost of 2 ounces of gold in 2016 = $2,640
Cost of 1 ounce of gold in 2016 = Cost of 2 ounces of gold in 2016 ÷ 2
= $2,640 ÷ 2
= $1,320
Cost of 3 ounces of gold in 2016 = Cost of 1 ounce of gold in 2016 × 3
= $1,320 × 3
= $3,960
Cost of 4 ounces of gold in 2016 = Cost of 1 ounce of gold in 2016 × 4
= $1320 × 4
= $5,280
Therefore, the cost of 1, 3 and 4 ounces of gold in 2016 are $1,320, $3,960 and $5,280 respectively.
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