Present Value of $1,200,000

What is the present value of $1,200,000? How much is $1.2 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,200,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,200,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,176,471 $1,165,049 $1,153,846 $1,142,857 $1,132,075 $1,121,495 $1,111,111 $1,100,917 $1,090,909
2 Years $1,153,403 $1,131,115 $1,109,467 $1,088,435 $1,067,996 $1,048,126 $1,028,807 $1,010,016 $991,736
3 Years $1,130,787 $1,098,170 $1,066,796 $1,036,605 $1,007,543 $979,557 $952,599 $926,620 $901,578
4 Years $1,108,615 $1,066,184 $1,025,765 $987,243 $950,512 $915,474 $882,036 $850,110 $819,616
5 Years $1,086,877 $1,035,131 $986,313 $940,231 $896,710 $855,583 $816,700 $779,918 $745,106
6 Years $1,065,566 $1,004,981 $948,377 $895,458 $845,953 $799,611 $756,204 $715,521 $677,369
7 Years $1,044,672 $975,710 $911,901 $852,818 $798,069 $747,300 $700,188 $656,441 $615,790
8 Years $1,024,188 $947,291 $876,828 $812,207 $752,895 $698,411 $648,323 $602,240 $559,809
9 Years $1,004,106 $919,700 $843,104 $773,531 $710,278 $652,720 $600,299 $552,513 $508,917
10 Years $984,418 $892,913 $810,677 $736,696 $670,074 $610,019 $555,832 $506,893 $462,652
11 Years $965,116 $866,906 $779,497 $701,615 $632,145 $570,111 $514,659 $465,039 $420,593
12 Years $946,192 $841,656 $749,516 $668,205 $596,363 $532,814 $476,537 $426,642 $382,357
13 Years $927,639 $817,142 $720,689 $636,386 $562,607 $497,957 $441,238 $391,414 $347,597
14 Years $909,450 $793,341 $692,970 $606,082 $530,761 $465,381 $408,553 $359,096 $315,998
15 Years $891,618 $770,234 $666,317 $577,221 $500,718 $434,935 $378,290 $329,446 $287,270