The Climb Company Furniture sales Company was formed on December 31, 2016 with 1,000,000 in equity plus 500,000 in long-term debt. On January 1, 2018, all the capital was held in cash. The following transactions occurred during January 2018.

let soccer = x and golf = y

part a

1st equation: x + y = 125

2nd equation: x = y +45

part b

replace x in the 1st equation with the 2nd one:

y + 45 + y = 125

simplify:

2y + 45 = 125

subtract 45 from each side:

2y = 80

divide both sides by 2:

y = 80/2

y = 40

she plays golf for 40 minutes.

part c

no because she plays soccer for 45 minutes longer than golf 40 +45 =   85 minutes, not 80 minutes.

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savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation: