Present Value of $1,290,000

What is the present value of $1,290,000? How much is $1.29 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,290,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,290,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,264,706 $1,252,427 $1,240,385 $1,228,571 $1,216,981 $1,205,607 $1,194,444 $1,183,486 $1,172,727
2 Years $1,239,908 $1,215,949 $1,192,678 $1,170,068 $1,148,095 $1,126,736 $1,105,967 $1,085,767 $1,066,116
3 Years $1,215,596 $1,180,533 $1,146,805 $1,114,351 $1,083,109 $1,053,024 $1,024,044 $996,117 $969,196
4 Years $1,191,761 $1,146,148 $1,102,697 $1,061,286 $1,021,801 $984,135 $948,189 $913,869 $881,087
5 Years $1,168,393 $1,112,765 $1,060,286 $1,010,749 $963,963 $919,752 $877,952 $838,411 $800,989
6 Years $1,145,483 $1,080,355 $1,019,506 $962,618 $909,399 $859,581 $812,919 $769,185 $728,171
7 Years $1,123,023 $1,048,888 $980,294 $916,779 $857,924 $803,347 $752,703 $705,674 $661,974
8 Years $1,101,003 $1,018,338 $942,590 $873,123 $809,362 $750,792 $696,947 $647,408 $601,795
9 Years $1,079,414 $988,678 $906,337 $831,546 $763,549 $701,675 $645,321 $593,952 $547,086
10 Years $1,058,249 $959,881 $871,478 $791,948 $720,329 $655,771 $597,520 $544,910 $497,351
11 Years $1,037,499 $931,923 $837,959 $754,236 $679,556 $612,870 $553,259 $499,917 $452,137
12 Years $1,017,156 $904,780 $805,730 $718,320 $641,090 $572,775 $512,277 $458,640 $411,034
13 Years $997,212 $878,427 $774,741 $684,115 $604,802 $535,304 $474,330 $420,770 $373,667
14 Years $977,659 $852,842 $744,943 $651,538 $570,568 $500,284 $439,195 $386,028 $339,697
15 Years $958,489 $828,002 $716,291 $620,512 $538,272 $467,555 $406,662 $354,154 $308,816