Present Value of $1,300,000

What is the present value of $1,300,000? How much is $1.3 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,300,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,300,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,274,510 $1,262,136 $1,250,000 $1,238,095 $1,226,415 $1,214,953 $1,203,704 $1,192,661 $1,181,818
2 Years $1,249,519 $1,225,375 $1,201,923 $1,179,138 $1,156,995 $1,135,470 $1,114,540 $1,094,184 $1,074,380
3 Years $1,225,019 $1,189,684 $1,155,695 $1,122,989 $1,091,505 $1,061,187 $1,031,982 $1,003,839 $976,709
4 Years $1,200,999 $1,155,033 $1,111,245 $1,069,513 $1,029,722 $991,764 $955,539 $920,953 $887,917
5 Years $1,177,450 $1,121,391 $1,068,505 $1,018,584 $971,436 $926,882 $884,758 $844,911 $807,198
6 Years $1,154,363 $1,088,730 $1,027,409 $970,080 $916,449 $866,245 $819,221 $775,148 $733,816
7 Years $1,131,728 $1,057,019 $987,893 $923,886 $864,574 $809,575 $758,538 $711,145 $667,106
8 Years $1,109,537 $1,026,232 $949,897 $879,891 $815,636 $756,612 $702,350 $652,426 $606,460
9 Years $1,087,782 $996,342 $913,363 $837,992 $769,468 $707,114 $650,324 $598,556 $551,327
10 Years $1,066,453 $967,322 $878,233 $798,087 $725,913 $660,854 $602,152 $549,134 $501,206
11 Years $1,045,542 $939,148 $844,455 $760,083 $684,824 $617,621 $557,548 $503,793 $455,642
12 Years $1,025,041 $911,794 $811,976 $723,889 $646,060 $577,216 $516,248 $462,195 $414,220
13 Years $1,004,942 $885,237 $780,746 $689,418 $609,491 $539,454 $478,007 $424,032 $376,564
14 Years $985,238 $859,453 $750,718 $656,588 $574,991 $504,162 $442,599 $389,020 $342,331
15 Years $965,919 $834,421 $721,844 $625,322 $542,445 $471,180 $409,814 $356,899 $311,210