1-1 We discussed how the topic of Principle 1, the time value of money, is relevant to both your personal and professional lives. Describe a decision you might face in the future that will require you to consider the future value of money received (or invested). For example, how might the time value of money enter into a decision to push back your graduation date by one year? 1-2 Explain the three types of business decisions that a financial manager faces. 1-3 According to Principle 2, how should investors decide where to invest their money? 1-4 In very basic terms, describe how profits and cash flow are different