Present Value of $1,280,000

What is the present value of $1,280,000? How much is $1.28 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,280,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,280,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,254,902 $1,242,718 $1,230,769 $1,219,048 $1,207,547 $1,196,262 $1,185,185 $1,174,312 $1,163,636
2 Years $1,230,296 $1,206,523 $1,183,432 $1,160,998 $1,139,195 $1,118,002 $1,097,394 $1,077,350 $1,057,851
3 Years $1,206,173 $1,171,381 $1,137,915 $1,105,712 $1,074,713 $1,044,861 $1,016,105 $988,395 $961,683
4 Years $1,182,522 $1,137,263 $1,094,149 $1,053,059 $1,013,880 $976,506 $940,838 $906,784 $874,257
5 Years $1,159,335 $1,104,139 $1,052,067 $1,002,913 $956,490 $912,622 $871,146 $831,912 $794,779
6 Years $1,136,603 $1,071,980 $1,011,603 $955,156 $902,349 $852,918 $806,617 $763,222 $722,527
7 Years $1,114,317 $1,040,757 $972,695 $909,672 $851,273 $797,120 $746,868 $700,204 $656,842
8 Years $1,092,468 $1,010,444 $935,283 $866,354 $803,088 $744,972 $691,544 $642,389 $597,129
9 Years $1,071,047 $981,013 $899,311 $825,099 $757,630 $696,235 $640,319 $589,348 $542,845
10 Years $1,050,046 $952,440 $864,722 $785,809 $714,745 $650,687 $592,888 $540,686 $493,495
11 Years $1,029,457 $924,699 $831,464 $748,389 $674,288 $608,119 $548,970 $496,042 $448,632
12 Years $1,009,271 $897,766 $799,484 $712,752 $636,121 $568,335 $508,306 $455,084 $407,847
13 Years $989,482 $871,618 $768,735 $678,811 $600,114 $531,154 $470,653 $417,509 $370,770
14 Years $970,080 $846,231 $739,168 $646,487 $566,145 $496,406 $435,790 $383,035 $337,064
15 Years $951,059 $821,583 $710,739 $615,702 $534,099 $463,931 $403,509 $351,409 $306,422