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 |