Present Value of $1,230,000

What is the present value of $1,230,000? How much is $1.23 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,230,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,230,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,205,882 $1,194,175 $1,182,692 $1,171,429 $1,160,377 $1,149,533 $1,138,889 $1,128,440 $1,118,182
2 Years $1,182,238 $1,159,393 $1,137,204 $1,115,646 $1,094,696 $1,074,330 $1,054,527 $1,035,266 $1,016,529
3 Years $1,159,056 $1,125,624 $1,093,466 $1,062,520 $1,032,732 $1,004,046 $976,414 $949,786 $924,117
4 Years $1,136,330 $1,092,839 $1,051,409 $1,011,924 $974,275 $938,361 $904,087 $871,363 $840,107
5 Years $1,114,049 $1,061,009 $1,010,970 $963,737 $919,128 $876,973 $837,117 $799,416 $763,733
6 Years $1,092,205 $1,030,106 $972,087 $917,845 $867,101 $819,601 $775,109 $733,409 $694,303
7 Years $1,070,789 $1,000,103 $934,699 $874,138 $818,020 $765,982 $717,693 $672,852 $631,184
8 Years $1,049,793 $970,973 $898,749 $832,512 $771,717 $715,871 $664,531 $617,296 $573,804
9 Years $1,029,209 $942,693 $864,182 $792,869 $728,035 $669,039 $615,306 $566,326 $521,640
10 Years $1,009,028 $915,236 $830,944 $755,113 $686,826 $625,270 $569,728 $519,565 $474,218
11 Years $989,244 $888,578 $798,985 $719,156 $647,949 $584,364 $527,526 $476,665 $431,107
12 Years $969,847 $862,697 $768,254 $684,910 $611,272 $546,135 $488,450 $437,308 $391,916
13 Years $950,830 $837,570 $738,706 $652,295 $576,672 $510,406 $452,268 $401,200 $356,287
14 Years $932,186 $813,175 $710,294 $621,234 $544,030 $477,015 $418,767 $368,073 $323,897
15 Years $913,908 $789,490 $682,975 $591,651 $513,236 $445,809 $387,747 $337,682 $294,452