Charlie is planning a trip to Madrid. He starts with $984.20 in his savings account and uses $381.80 to but his plane ticket. Then, transfers 1/4 of his remaining savings into his checking account so that he has some spending money for his trip. How much money is left in Charlie's savings account?

Answer 1

To find out how much money Charlie has left in his savings account after his expenses, we can follow these steps:

1. Initial Savings: Start with $984.20.

2. Cost of Plane Ticket: Subtract the cost of the plane ticket from his savings. \[ 984.20 - 381.80 = 602.40 \]

3. Remaining Savings: After buying the plane ticket, Charlie has $602.40 left in his savings account.

4. Transfer to Checking Account: Next, Charlie transfers \( \frac{1}{4} \) of his remaining savings to his checking account. \[ \frac{1}{4} \times 602.40 = 150.60 \]

5. Savings After Transfer: Subtract the transferred amount from his remaining savings in the savings account. \[ 602.40 - 150.60 = 451.80 \]

Therefore, the amount of money left in Charlie's savings account is \(\boxed{451.80}\).