Question

On Wednesday, the balance in Diego's checking account was $204.30. On Thursday, Diego made a deposit of $87.21 and a withdrawal of $50.99. On Friday, Diego moved
1
4
of the money in his checking account to his savings account. How much money is in Diego's checking account at the end of the day Friday?

A.
$60.13

B.
$126.06

C.
$180.39

D.
$240.27

Answer 1

Let's calculate how much money Diego has in his checking account at the end of the day on Friday step-by-step.

1. **Starting balance on Wednesday**: $204.30

2. **Deposits and withdrawals on Thursday**:
- Deposit: $87.21
- Withdrawal: $50.99

New balance on Thursday:
\[
204.30 + 87.21 - 50.99 = 240.52
\]

3. **Moving money to savings account on Friday**:
- Amount moved: \( \frac{1}{4} \) of the checking account balance.

First, calculate \( \frac{1}{4} \) of $240.52:
\[
\frac{1}{4} \times 240.52 = 60.13
\]

Now, subtract this amount from the checking account balance to find the ending balance:
\[
240.52 - 60.13 = 180.39
\]

Therefore, the amount of money in Diego's checking account at the end of the day Friday is **$180.39**.

Thus, the correct answer is **C. $180.39**.