Present Value of $1,080,000

What is the present value of $1,080,000? How much is $1.08 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,080,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,080,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,058,824 $1,048,544 $1,038,462 $1,028,571 $1,018,868 $1,009,346 $1,000,000 $990,826 $981,818
2 Years $1,038,062 $1,018,004 $998,521 $979,592 $961,196 $943,314 $925,926 $909,014 $892,562
3 Years $1,017,708 $988,353 $960,116 $932,945 $906,789 $881,602 $857,339 $833,958 $811,420
4 Years $997,753 $959,566 $923,189 $888,519 $855,461 $823,927 $793,832 $765,099 $737,655
5 Years $978,189 $931,617 $887,681 $846,208 $807,039 $770,025 $735,030 $701,926 $670,595
6 Years $959,009 $904,483 $853,540 $805,913 $761,357 $719,650 $680,583 $643,969 $609,632
7 Years $940,205 $878,139 $820,711 $767,536 $718,262 $672,570 $630,170 $590,797 $554,211
8 Years $921,770 $852,562 $789,145 $730,987 $677,605 $628,570 $583,490 $542,016 $503,828
9 Years $903,696 $827,730 $758,794 $696,178 $639,250 $587,448 $540,269 $497,262 $458,025
10 Years $885,976 $803,621 $729,609 $663,026 $603,066 $549,017 $500,249 $456,204 $416,387
11 Years $868,604 $780,215 $701,547 $631,454 $568,931 $513,100 $463,193 $418,535 $378,533
12 Years $851,573 $757,490 $674,565 $601,384 $536,727 $479,533 $428,883 $383,978 $344,121
13 Years $834,875 $735,427 $648,620 $572,747 $506,346 $448,162 $397,114 $352,273 $312,838
14 Years $818,505 $714,007 $623,673 $545,473 $477,685 $418,843 $367,698 $323,186 $284,398
15 Years $802,456 $693,211 $599,686 $519,498 $450,646 $391,442 $340,461 $296,501 $258,543