Present Value of $1,040,000

What is the present value of $1,040,000? How much is $1.04 million in the future worth today?

Present Date

Future Date

Future Value

Rate of Return

Let's say an investment will pay out $1,040,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,040,000 by Discount Rate

	2.0%	3.0%	4.0%	5.0%	6.0%	7.0%	8.0%	9.0%	10.0%
1 Years	$1,019,608	$1,009,709	$1,000,000	$990,476	$981,132	$971,963	$962,963	$954,128	$945,455
2 Years	$999,616	$980,300	$961,538	$943,311	$925,596	$908,376	$891,632	$875,347	$859,504
3 Years	$980,015	$951,747	$924,556	$898,391	$873,204	$848,950	$825,586	$803,071	$781,367
4 Years	$960,799	$924,027	$888,996	$855,611	$823,777	$793,411	$764,431	$736,762	$710,334
5 Years	$941,960	$897,113	$854,804	$814,867	$777,148	$741,506	$707,807	$675,929	$645,758
6 Years	$923,490	$870,984	$821,927	$776,064	$733,159	$692,996	$655,376	$620,118	$587,053
7 Years	$905,383	$845,615	$790,315	$739,109	$691,659	$647,660	$606,830	$568,916	$533,684
8 Years	$887,630	$820,986	$759,918	$703,913	$652,509	$605,289	$561,880	$521,941	$485,168
9 Years	$870,225	$797,073	$730,690	$670,393	$615,574	$565,691	$520,259	$478,845	$441,062
10 Years	$853,162	$773,858	$702,587	$638,470	$580,731	$528,683	$481,721	$439,307	$400,965
11 Years	$836,434	$751,318	$675,564	$608,066	$547,859	$494,097	$446,038	$403,034	$364,514
12 Years	$820,033	$729,435	$649,581	$579,111	$516,848	$461,772	$412,998	$369,756	$331,376
13 Years	$803,954	$708,189	$624,597	$551,534	$487,593	$431,563	$382,406	$339,226	$301,251
14 Years	$788,190	$687,563	$600,574	$525,271	$459,993	$403,330	$354,079	$311,216	$273,865
15 Years	$772,735	$667,536	$577,475	$500,258	$433,956	$376,944	$327,851	$285,520	$248,968