Present Value of $1,000,000

What is the present value of $1,000,000? How much is $1 million in the future worth today?

Present Date

Future Date

Future Value

Rate of Return

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

Present Value of $1,000,000 by Discount Rate

	2.0%	3.0%	4.0%	5.0%	6.0%	7.0%	8.0%	9.0%	10.0%
1 Years	$980,392	$970,874	$961,538	$952,381	$943,396	$934,579	$925,926	$917,431	$909,091
2 Years	$961,169	$942,596	$924,556	$907,029	$889,996	$873,439	$857,339	$841,680	$826,446
3 Years	$942,322	$915,142	$888,996	$863,838	$839,619	$816,298	$793,832	$772,183	$751,315
4 Years	$923,845	$888,487	$854,804	$822,702	$792,094	$762,895	$735,030	$708,425	$683,013
5 Years	$905,731	$862,609	$821,927	$783,526	$747,258	$712,986	$680,583	$649,931	$620,921
6 Years	$887,971	$837,484	$790,315	$746,215	$704,961	$666,342	$630,170	$596,267	$564,474
7 Years	$870,560	$813,092	$759,918	$710,681	$665,057	$622,750	$583,490	$547,034	$513,158
8 Years	$853,490	$789,409	$730,690	$676,839	$627,412	$582,009	$540,269	$501,866	$466,507
9 Years	$836,755	$766,417	$702,587	$644,609	$591,898	$543,934	$500,249	$460,428	$424,098
10 Years	$820,348	$744,094	$675,564	$613,913	$558,395	$508,349	$463,193	$422,411	$385,543
11 Years	$804,263	$722,421	$649,581	$584,679	$526,788	$475,093	$428,883	$387,533	$350,494
12 Years	$788,493	$701,380	$624,597	$556,837	$496,969	$444,012	$397,114	$355,535	$318,631
13 Years	$773,033	$680,951	$600,574	$530,321	$468,839	$414,964	$367,698	$326,179	$289,664
14 Years	$757,875	$661,118	$577,475	$505,068	$442,301	$387,817	$340,461	$299,246	$263,331
15 Years	$743,015	$641,862	$555,265	$481,017	$417,265	$362,446	$315,242	$274,538	$239,392