- Created by: feysal2000
- Created on: 01-11-17 16:08
- Borrowing money now to finance a current purchase, meaning that the purchase is paid for later out of future income.
- The benefits of debt, including being able to by something that is otherwise inaccessible, being able to finance mismathced timing of income and payments, and being able to invest in something that gains value
- The cost of debt , including the burden…