Present Value of $1,020,000

What is the present value of $1,020,000? How much is $1.02 million in the future worth today?

Present Date

Future Date

Future Value

Rate of Return

Let's say an investment will pay out $1,020,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,020,000 by Discount Rate

	2.0%	3.0%	4.0%	5.0%	6.0%	7.0%	8.0%	9.0%	10.0%
1 Years	$1,000,000	$990,291	$980,769	$971,429	$962,264	$953,271	$944,444	$935,780	$927,273
2 Years	$980,392	$961,448	$943,047	$925,170	$907,796	$890,908	$874,486	$858,514	$842,975
3 Years	$961,169	$933,444	$906,776	$881,114	$856,412	$832,624	$809,709	$787,627	$766,341
4 Years	$942,322	$906,257	$871,900	$839,157	$807,936	$778,153	$749,730	$722,594	$696,674
5 Years	$923,845	$879,861	$838,366	$799,197	$762,203	$727,246	$694,195	$662,930	$633,340
6 Years	$905,731	$854,234	$806,121	$761,140	$719,060	$679,669	$642,773	$608,193	$575,763
7 Years	$887,971	$829,353	$775,116	$724,895	$678,358	$635,205	$595,160	$557,975	$523,421
8 Years	$870,560	$805,197	$745,304	$690,376	$639,961	$593,649	$551,074	$511,904	$475,838
9 Years	$853,490	$781,745	$716,638	$657,501	$603,736	$554,812	$510,254	$469,636	$432,580
10 Years	$836,755	$758,976	$689,075	$626,192	$569,563	$518,516	$472,457	$430,859	$393,254
11 Years	$820,348	$736,870	$662,573	$596,373	$537,323	$484,595	$437,461	$395,284	$357,504
12 Years	$804,263	$715,407	$637,089	$567,974	$506,909	$452,892	$405,056	$362,645	$325,003
13 Years	$788,493	$694,570	$612,586	$540,928	$478,216	$423,264	$375,052	$332,702	$295,458
14 Years	$773,033	$674,340	$589,025	$515,169	$451,147	$395,574	$347,270	$305,231	$268,598
15 Years	$757,875	$654,699	$566,370	$490,637	$425,610	$369,695	$321,547	$280,029	$244,180