Present Value of $1,190,000

What is the present value of $1,190,000? How much is $1.19 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,190,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,190,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,166,667 $1,155,340 $1,144,231 $1,133,333 $1,122,642 $1,112,150 $1,101,852 $1,091,743 $1,081,818
2 Years $1,143,791 $1,121,689 $1,100,222 $1,079,365 $1,059,096 $1,039,392 $1,020,233 $1,001,599 $983,471
3 Years $1,121,364 $1,089,019 $1,057,906 $1,027,967 $999,147 $971,394 $944,660 $918,898 $894,065
4 Years $1,099,376 $1,057,300 $1,017,217 $979,016 $942,591 $907,845 $874,686 $843,026 $812,786
5 Years $1,077,820 $1,026,504 $978,093 $932,396 $889,237 $848,454 $809,894 $773,418 $738,896
6 Years $1,056,686 $996,606 $940,474 $887,996 $838,903 $792,947 $749,902 $709,558 $671,724
7 Years $1,035,967 $967,579 $904,302 $845,711 $791,418 $741,072 $694,354 $650,971 $610,658
8 Years $1,015,654 $939,397 $869,521 $805,439 $746,621 $692,591 $642,920 $597,221 $555,144
9 Years $995,739 $912,036 $836,078 $767,085 $704,359 $647,281 $595,296 $547,909 $504,676
10 Years $976,214 $885,472 $803,921 $730,557 $664,490 $604,936 $551,200 $502,669 $458,797
11 Years $957,073 $859,681 $773,001 $695,768 $626,877 $565,360 $510,371 $461,164 $417,088
12 Years $938,307 $834,642 $743,270 $662,637 $591,394 $528,374 $472,565 $423,086 $379,171
13 Years $919,909 $810,332 $714,683 $631,082 $557,918 $493,808 $437,561 $388,153 $344,701
14 Years $901,871 $786,730 $687,195 $601,031 $526,338 $461,503 $405,149 $356,103 $313,364
15 Years $884,188 $763,816 $660,765 $572,410 $496,545 $431,311 $375,138 $326,700 $284,877