Present Value of $1,060,000

What is the present value of $1,060,000? How much is $1.06 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,060,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,060,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,039,216 $1,029,126 $1,019,231 $1,009,524 $1,000,000 $990,654 $981,481 $972,477 $963,636
2 Years $1,018,839 $999,152 $980,030 $961,451 $943,396 $925,845 $908,779 $892,181 $876,033
3 Years $998,862 $970,050 $942,336 $915,668 $889,996 $865,276 $841,462 $818,514 $796,394
4 Years $979,276 $941,796 $906,092 $872,065 $839,619 $808,669 $779,132 $750,931 $723,994
5 Years $960,075 $914,365 $871,243 $830,538 $792,094 $755,765 $721,418 $688,927 $658,177
6 Years $941,250 $887,733 $837,733 $790,988 $747,258 $706,323 $667,980 $632,043 $598,342
7 Years $922,794 $861,877 $805,513 $753,322 $704,961 $660,115 $618,500 $579,856 $543,948
8 Years $904,700 $836,774 $774,532 $717,450 $665,057 $616,930 $572,685 $531,978 $494,498
9 Years $886,961 $812,402 $744,742 $683,285 $627,412 $576,570 $530,264 $488,053 $449,543
10 Years $869,569 $788,740 $716,098 $650,748 $591,898 $538,850 $490,985 $447,755 $408,676
11 Years $852,519 $765,767 $688,556 $619,760 $558,395 $503,598 $454,616 $410,785 $371,524
12 Years $835,803 $743,463 $662,073 $590,248 $526,788 $470,653 $420,941 $376,867 $337,749
13 Years $819,414 $721,808 $636,609 $562,141 $496,969 $439,862 $389,760 $345,749 $307,044
14 Years $803,348 $700,785 $612,124 $535,372 $468,839 $411,086 $360,889 $317,201 $279,131
15 Years $787,596 $680,374 $588,580 $509,878 $442,301 $384,193 $334,156 $291,010 $253,756