Question: Just wondering what the excel formulas would be to answer this question. What if Tom decides to delay saving for retirement for 10 years so

Just wondering what the excel formulas would be to answer this question.

What if Tom decides to delay saving for retirement for 10 years so he can travel and buy his dream car? How much will Tom have when he retires if he waits 10 years before funding his retirement (assume he invests $300 per month for 30 years in SPY)? Assume deposits occur at the end of each month. What is the PV, FV, N, PMT, and Rate for this problem? PV: FV: N: Pmt: Rate: What if Tom decides to delay saving for retirement for 10 years so he can travel and buy his dream car? How much will Tom have when he retires if he waits 10 years before funding his retirement (assume he invests $300 per month for 30 years in SPY)? Assume deposits occur at the end of each month. What is the PV, FV, N, PMT, and Rate for this problem? PV: FV: N: Pmt: Rate

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