Question

the time of purchase If you have the money in cash or in your checking account to pay for your new computer in what will your financial cost be to purchase the computer

Answer 1

The financial cost will be $1,100.

Step-by-step explanation:

Edmentum

Answer 2

Financial costs are the expenses that are experienced because of spending the money in either raw material or finished products. The economic loss contributed through diverse saving forms creating a significant difference through equities.

When buying a computer, it means that financial cost is going to be affected since the capital needs to be returned with periodic costs which are referred to as interest cost. However, it is essential to return debt capital in terms of working capital.