Respuesta :
4708 - 308 = 4400. You subtract it because the current was 308 more so the last time has to be 308 less.
Answer:
$4400
Step-by-step explanation:
We are given that the balance of an investment account is $308 more than the balance 4 years ago.
We are given that current balance in the account=$4708
We have to find the value of balance 4 years ago.
Let x be the balance 4 years ago
According to question
[tex]x+308=4708[/tex]
[tex]x=4708-308[/tex]
Using subtraction property of equality
[tex]x=4400[/tex]
Hence, 4 years ago the balance in the account =$4400