Present Value of $1,240,000

What is the present value of $1,240,000? How much is $1.24 million in the future worth today?

Present Date

Future Date

Future Value

Rate of Return

Let's say an investment will pay out $1,240,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,240,000 by Discount Rate

	2.0%	3.0%	4.0%	5.0%	6.0%	7.0%	8.0%	9.0%	10.0%
1 Years	$1,215,686	$1,203,883	$1,192,308	$1,180,952	$1,169,811	$1,158,879	$1,148,148	$1,137,615	$1,127,273
2 Years	$1,191,849	$1,168,819	$1,146,450	$1,124,717	$1,103,596	$1,083,064	$1,063,100	$1,043,683	$1,024,793
3 Years	$1,168,480	$1,134,776	$1,102,355	$1,071,159	$1,041,128	$1,012,209	$984,352	$957,508	$931,630
4 Years	$1,145,568	$1,101,724	$1,059,957	$1,020,151	$982,196	$945,990	$911,437	$878,447	$846,937
5 Years	$1,123,106	$1,069,635	$1,019,190	$971,572	$926,600	$884,103	$843,923	$805,915	$769,942
6 Years	$1,101,085	$1,038,480	$979,990	$925,307	$874,151	$826,264	$781,410	$739,371	$699,948
7 Years	$1,079,495	$1,008,233	$942,298	$881,245	$824,671	$772,210	$723,528	$678,322	$636,316
8 Years	$1,058,328	$978,867	$906,056	$839,281	$777,991	$721,691	$669,933	$622,314	$578,469
9 Years	$1,037,577	$950,357	$871,208	$799,315	$733,954	$674,478	$620,309	$570,930	$525,881
10 Years	$1,017,232	$922,676	$837,700	$761,252	$692,410	$630,353	$574,360	$523,789	$478,074
11 Years	$997,286	$895,802	$805,480	$725,002	$653,217	$589,115	$531,815	$480,541	$434,612
12 Years	$977,732	$869,711	$774,500	$690,478	$616,242	$550,575	$492,421	$440,863	$395,102
13 Years	$958,560	$844,380	$744,712	$657,598	$581,360	$514,556	$455,945	$404,462	$359,184
14 Years	$939,765	$819,786	$716,069	$626,284	$548,453	$480,893	$422,172	$371,066	$326,531
15 Years	$921,338	$795,909	$688,528	$596,461	$517,409	$449,433	$390,900	$340,427	$296,846