Present Value of $1,050,000

What is the present value of $1,050,000? How much is $1.05 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,050,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,050,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,029,412 $1,019,417 $1,009,615 $1,000,000 $990,566 $981,308 $972,222 $963,303 $954,545
2 Years $1,009,227 $989,726 $970,784 $952,381 $934,496 $917,111 $900,206 $883,764 $867,769
3 Years $989,438 $960,899 $933,446 $907,029 $881,600 $857,113 $833,524 $810,793 $788,881
4 Years $970,038 $932,911 $897,544 $863,838 $831,698 $801,040 $771,781 $743,846 $717,164
5 Years $951,017 $905,739 $863,023 $822,702 $784,621 $748,635 $714,612 $682,428 $651,967
6 Years $932,370 $879,358 $829,830 $783,526 $740,209 $699,659 $661,678 $626,081 $592,698
7 Years $914,088 $853,746 $797,914 $746,215 $698,310 $653,887 $612,665 $574,386 $538,816
8 Years $896,165 $828,880 $767,225 $710,681 $658,783 $611,110 $567,282 $526,960 $489,833
9 Years $878,593 $804,738 $737,716 $676,839 $621,493 $571,130 $525,261 $483,449 $445,302
10 Years $861,366 $781,299 $709,342 $644,609 $586,315 $533,767 $486,353 $443,531 $404,820
11 Years $844,476 $758,542 $682,060 $613,913 $553,127 $498,847 $450,327 $406,909 $368,019
12 Years $827,918 $736,449 $655,827 $584,679 $521,818 $466,213 $416,969 $373,311 $334,562
13 Years $811,684 $714,999 $630,603 $556,837 $492,281 $435,713 $386,083 $342,488 $304,148
14 Years $795,769 $694,174 $606,349 $530,321 $464,416 $407,208 $357,484 $314,209 $276,498
15 Years $780,165 $673,955 $583,028 $505,068 $438,128 $380,568 $331,004 $288,265 $251,362