Present Value of $1,120,000

What is the present value of $1,120,000? How much is $1.12 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,120,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,120,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,098,039 $1,087,379 $1,076,923 $1,066,667 $1,056,604 $1,046,729 $1,037,037 $1,027,523 $1,018,182
2 Years $1,076,509 $1,055,707 $1,035,503 $1,015,873 $996,796 $978,251 $960,219 $942,682 $925,620
3 Years $1,055,401 $1,024,959 $995,676 $967,498 $940,374 $914,254 $889,092 $864,845 $841,473
4 Years $1,034,707 $995,105 $957,381 $921,427 $887,145 $854,443 $823,233 $793,436 $764,975
5 Years $1,014,419 $966,122 $920,558 $877,549 $836,929 $798,545 $762,253 $727,923 $695,432
6 Years $994,528 $937,982 $885,152 $835,761 $789,556 $746,303 $705,790 $667,819 $632,211
7 Years $975,027 $910,662 $851,108 $795,963 $744,864 $697,480 $653,509 $612,678 $574,737
8 Years $955,909 $884,138 $818,373 $758,060 $702,702 $651,850 $605,101 $562,090 $522,488
9 Years $937,166 $858,387 $786,897 $721,962 $662,926 $609,206 $560,279 $515,679 $474,989
10 Years $918,790 $833,385 $756,632 $687,583 $625,402 $569,351 $518,777 $473,100 $431,808
11 Years $900,775 $809,112 $727,531 $654,841 $590,002 $532,104 $480,349 $434,037 $392,553
12 Years $883,112 $785,545 $699,549 $623,658 $556,606 $497,293 $444,767 $398,199 $356,867
13 Years $865,796 $762,666 $672,643 $593,960 $525,100 $464,760 $411,822 $365,320 $324,424
14 Years $848,820 $740,452 $646,772 $565,676 $495,377 $434,355 $381,316 $335,156 $294,931
15 Years $832,176 $718,885 $621,896 $538,739 $467,337 $405,940 $353,071 $307,483 $268,119