Question

Write and solve an equation to determine what the balance bb in the account was 4 years ago. The balance of an investment account is $308 more than the balance 4 years ago. The current balance of the account is $4708.

Answer 1

X=bb=balance 4 years ago
Given: balance now (X+4years), balance change (308

CurrentBalance-ChangeInBalance=Balance4YearsAgo

4708-308=4400

X=$4400