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 |