Question

after a deposit of $100, a withdrawal of $125, and a deposit of $24, the balance in a savings account was $27.28. what was the balance of (b) before the deposits and withdrawal?

Answer 1

Let the total amount of money in the account before withdrawal or deposit of funds be x

so that for every withdrawal we subtract from x and add for a deposit and equate this to the balance after withdrawal and deposits

x + 100 -125 + 24 = 27.28

x = 27.28+125-24-100

x= $28.28

Balance before deposits or withdrawal = $28.28