Present Value of $1,000

What is the present value of $1,000? How much is $1k in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $980 $971 $962 $952 $943 $935 $926 $917 $909
2 Years $961 $943 $925 $907 $890 $873 $857 $842 $826
3 Years $942 $915 $889 $864 $840 $816 $794 $772 $751
4 Years $924 $888 $855 $823 $792 $763 $735 $708 $683
5 Years $906 $863 $822 $784 $747 $713 $681 $650 $621
6 Years $888 $837 $790 $746 $705 $666 $630 $596 $564
7 Years $871 $813 $760 $711 $665 $623 $583 $547 $513
8 Years $853 $789 $731 $677 $627 $582 $540 $502 $467
9 Years $837 $766 $703 $645 $592 $544 $500 $460 $424
10 Years $820 $744 $676 $614 $558 $508 $463 $422 $386
11 Years $804 $722 $650 $585 $527 $475 $429 $388 $350
12 Years $788 $701 $625 $557 $497 $444 $397 $356 $319
13 Years $773 $681 $601 $530 $469 $415 $368 $326 $290
14 Years $758 $661 $577 $505 $442 $388 $340 $299 $263
15 Years $743 $642 $555 $481 $417 $362 $315 $275 $239