The cost data for two mold presses being considered at Putnam Plastics are given below. Using a MARR of 12%, determine the better alternative using the annual cash flow analysis. Machine X Machine Y
Initial cost $100,000 $90,000
Annual operating cost 10,000 9,000
Salvage value 25,000 15,000
Life in years 25 15

Petra contracted to paint bret’s house for $2,000. after beginning the job, petra realizes that the house is really quite big, and she’s not going to make enough profit, so she tells bret she wants another $500 to finish the job. bret doesn’t want to pay more, but he’s afraid that if she walks off the job, he’ll have trouble finding someone else to finish it, so he agrees. is bret legally obligated to pay the extra $500?