Question

On Wednesday, the balance in Diegos 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 diegos checking account at the end of the day Friday?

Answer 1

After depositing and withdrawing money, Diego's checking account balance was $240.52. Then, transferring 1/4 of that amount to savings left him with a checking account balance of $180.39 at the end of Friday.

Step-by-step explanation:

The question asks to calculate the balance in Diego's checking account after certain transactions. On Wednesday, Diego had $204.30. On Thursday, he made a deposit and a withdrawal. Given these two actions, we can calculate the new balance before any other transactions. Diego's new balance after depositing $87.21 and withdrawing $50.99 will be:
$204.30 + $87.21 - $50.99 which equals $240.52.

On Friday, Diego moved 1/4 of his checking account balance to his savings account. To find out the new balance in the checking account, we have to calculate 1/4 of $240.52 and subtract it from $240.52:
(1/4) * $240.52 = $60.13
Therefore, new checking account balance is $240.52 - $60.13 = $180.39.

Answer 2

Step-by-step explanation:

• First thing to know is that a checking account is where you can put your money to help you pay bills of save some of your money.
• A deposit is money that gets added to a checking account.
• A withdrawal is money you take out of your account to pay for bills or other things.

So start with Diego's balance, which is 204.30.

Add 87.21 since it is a deposit.

Subtract 50.99 since it is a withdrawal.

204.30 + 87.21 = 291.51

291.51 - 50.99 = 240.52

Now, Diego will move 1/4 of his money. To figure out how much this is, just divide 240.52 by 4.

240.52 ÷ 4 = 60.13

So if Diego takes out 60.13 to put it in a savings account, then subtract this amount from his previous total, which was 240.52.

Finally, 240.52 - 60.13 = 180.39 (dollars)