What is the cost of money?

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asked Feb 24, 2021 176k views

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Jeff Reddy · Answer 1 · 2021-02-25T07:03:03+0000

Answer:

It could depend on what year it was made if it was from a longer time ago and is more rare it "costs" more.

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Maged Samaan · Answer 2 · 2021-02-28T10:14:57+0000

Answer: Cost of money refers to the interest that could be earned if the amount invested in a business or security was invested in a government bond or time deposit. In other words the amount of interest that would be earned if the dollar value of inventory were invested at the State's current investments earning rate

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What is the cost of money?

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