Present Value of $1,320,000

What is the present value of $1,320,000? How much is $1.32 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,320,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,320,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,294,118 $1,281,553 $1,269,231 $1,257,143 $1,245,283 $1,233,645 $1,222,222 $1,211,009 $1,200,000
2 Years $1,268,743 $1,244,227 $1,220,414 $1,197,279 $1,174,795 $1,152,939 $1,131,687 $1,111,018 $1,090,909
3 Years $1,243,865 $1,207,987 $1,173,475 $1,140,266 $1,108,297 $1,077,513 $1,047,859 $1,019,282 $991,736
4 Years $1,219,476 $1,172,803 $1,128,342 $1,085,967 $1,045,564 $1,007,022 $970,239 $935,121 $901,578
5 Years $1,195,565 $1,138,644 $1,084,944 $1,034,255 $986,381 $941,142 $898,370 $857,909 $819,616
6 Years $1,172,122 $1,105,479 $1,043,215 $985,004 $930,548 $879,572 $831,824 $787,073 $745,106
7 Years $1,149,139 $1,073,281 $1,003,092 $938,099 $877,875 $822,030 $770,207 $722,085 $677,369
8 Years $1,126,607 $1,042,020 $964,511 $893,428 $828,184 $768,252 $713,155 $662,463 $615,790
9 Years $1,104,517 $1,011,670 $927,414 $850,884 $781,306 $717,993 $660,329 $607,765 $559,809
10 Years $1,082,860 $982,204 $891,745 $810,365 $737,081 $671,021 $611,415 $557,582 $508,917
11 Years $1,061,627 $953,596 $857,447 $771,777 $695,360 $627,122 $566,125 $511,543 $462,652
12 Years $1,040,811 $925,821 $824,468 $735,025 $656,000 $586,096 $524,190 $469,306 $420,593
13 Years $1,020,403 $898,856 $792,758 $700,024 $618,868 $547,753 $485,361 $430,556 $382,357
14 Years $1,000,395 $872,676 $762,267 $666,690 $583,837 $511,919 $449,409 $395,005 $347,597
15 Years $980,779 $847,258 $732,949 $634,943 $550,790 $478,429 $416,119 $362,390 $315,998