Network and Security & Computers

The model Number of Acer mentioned is a of a Monitor and not a Laptop or desktop, you cannot install the Windows 10 on the monitor, however on the CPU or Laptop, you can install in the normal way. 

There is no negative impact as such on anything. Windows 10 requires minimum 1 gigahertz (GHz) or faster processor or System on a Chip (SoC), so you install on any processor above which meets the requirement. However on lesser speed processors the speed performance you get will also be very low. As windows 10 is rich in its graphics display and the processing is pretty fast behind it. So it is not suitable to use on machines with lesser speed processors.