Present Value of $1,070,000

What is the present value of $1,070,000? How much is $1.07 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,070,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,070,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,049,020 $1,038,835 $1,028,846 $1,019,048 $1,009,434 $1,000,000 $990,741 $981,651 $972,727
2 Years $1,028,451 $1,008,578 $989,275 $970,522 $952,296 $934,579 $917,353 $900,598 $884,298
3 Years $1,008,285 $979,202 $951,226 $924,306 $898,393 $873,439 $849,400 $826,236 $803,907
4 Years $988,515 $950,681 $914,640 $880,292 $847,540 $816,298 $786,482 $758,015 $730,824
5 Years $969,132 $922,991 $879,462 $838,373 $799,566 $762,895 $728,224 $695,427 $664,386
6 Years $950,129 $896,108 $845,637 $798,450 $754,308 $712,986 $674,282 $638,006 $603,987
7 Years $931,499 $870,008 $813,112 $760,429 $711,611 $666,342 $624,335 $585,327 $549,079
8 Years $913,235 $844,668 $781,839 $724,218 $671,331 $622,750 $578,088 $536,997 $499,163
9 Years $895,328 $820,066 $751,768 $689,732 $633,331 $582,009 $535,266 $492,658 $453,784
10 Years $877,773 $796,180 $722,854 $656,887 $597,482 $543,934 $495,617 $451,980 $412,531
11 Years $860,561 $772,991 $695,052 $625,607 $563,663 $508,349 $458,905 $414,660 $375,028
12 Years $843,688 $750,476 $668,319 $595,816 $531,757 $475,093 $424,912 $380,422 $340,935
13 Years $827,145 $728,618 $642,614 $567,444 $501,658 $444,012 $393,437 $349,011 $309,941
14 Years $810,926 $707,396 $617,898 $540,423 $473,262 $414,964 $364,293 $320,194 $281,764
15 Years $795,026 $686,792 $594,133 $514,688 $446,474 $387,817 $337,309 $293,756 $256,149