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 |