Explain how the time value of money , and its related rules of time travel suggest that whether for a single cash flow (section 5-3) or series of periodic cash flows (section 5-8) the future value and present value are fungible, and you only need to know one, so as to compute the other. Response (ChatGPT): The time value of money (TVM) is a financial concept that recognizes the potential difference in value between money received or paid at different points in time. It is based on the principle that money today is worth more than the same amount of money in the future due to its potential to earn returns or interest when invested or borrowed