Present Value of $1,030,000

What is the present value of $1,030,000? How much is $1.03 million in the future worth today?

Present Date

Future Date

Future Value

Rate of Return

Let's say an investment will pay out $1,030,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,030,000 by Discount Rate

	2.0%	3.0%	4.0%	5.0%	6.0%	7.0%	8.0%	9.0%	10.0%
1 Years	$1,009,804	$1,000,000	$990,385	$980,952	$971,698	$962,617	$953,704	$944,954	$936,364
2 Years	$990,004	$970,874	$952,293	$934,240	$916,696	$899,642	$883,059	$866,930	$851,240
3 Years	$970,592	$942,596	$915,666	$889,753	$864,808	$840,787	$817,647	$795,349	$773,854
4 Years	$951,561	$915,142	$880,448	$847,384	$815,856	$785,782	$757,081	$729,678	$703,504
5 Years	$932,903	$888,487	$846,585	$807,032	$769,676	$734,376	$701,001	$669,429	$639,549
6 Years	$914,611	$862,609	$814,024	$768,602	$726,109	$686,332	$649,075	$614,155	$581,408
7 Years	$896,677	$837,484	$782,715	$732,002	$685,009	$641,432	$600,995	$563,445	$528,553
8 Years	$879,095	$813,092	$752,611	$697,145	$646,235	$599,469	$556,477	$516,922	$480,503
9 Years	$861,858	$789,409	$723,664	$663,947	$609,655	$560,252	$515,256	$474,241	$436,821
10 Years	$844,959	$766,417	$695,831	$632,331	$575,147	$523,600	$477,089	$435,083	$397,110
11 Years	$828,391	$744,094	$669,068	$602,220	$542,591	$489,346	$441,749	$399,159	$361,009
12 Years	$812,148	$722,421	$643,335	$573,543	$511,878	$457,332	$409,027	$366,201	$328,190
13 Years	$796,224	$701,380	$618,591	$546,231	$482,904	$427,413	$378,729	$335,964	$298,354
14 Years	$780,611	$680,951	$594,799	$520,220	$455,570	$399,452	$350,675	$308,224	$271,231
15 Years	$765,305	$661,118	$571,922	$495,448	$429,783	$373,319	$324,699	$282,774	$246,574