Present Value of $1,340,000

What is the present value of $1,340,000? How much is $1.34 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,340,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,340,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,313,725 $1,300,971 $1,288,462 $1,276,190 $1,264,151 $1,252,336 $1,240,741 $1,229,358 $1,218,182
2 Years $1,287,966 $1,263,079 $1,238,905 $1,215,420 $1,192,595 $1,170,408 $1,148,834 $1,127,851 $1,107,438
3 Years $1,262,712 $1,226,290 $1,191,255 $1,157,542 $1,125,090 $1,093,839 $1,063,735 $1,034,726 $1,006,762
4 Years $1,237,953 $1,190,573 $1,145,438 $1,102,421 $1,061,406 $1,022,280 $984,940 $949,290 $915,238
5 Years $1,213,679 $1,155,896 $1,101,382 $1,049,925 $1,001,326 $955,401 $911,981 $870,908 $832,035
6 Years $1,189,882 $1,122,229 $1,059,021 $999,929 $944,647 $892,899 $844,427 $798,998 $756,395
7 Years $1,166,551 $1,089,543 $1,018,290 $952,313 $891,177 $834,485 $781,877 $733,026 $687,632
8 Years $1,143,677 $1,057,808 $979,125 $906,965 $840,733 $779,892 $723,960 $672,501 $625,120
9 Years $1,121,252 $1,026,998 $941,466 $863,776 $793,144 $728,871 $670,334 $616,973 $568,291
10 Years $1,099,267 $997,086 $905,256 $822,644 $748,249 $681,188 $620,679 $566,030 $516,628
11 Years $1,077,712 $968,045 $870,438 $783,470 $705,895 $636,624 $574,703 $519,294 $469,662
12 Years $1,056,581 $939,849 $836,960 $746,162 $665,939 $594,976 $532,132 $476,417 $426,965
13 Years $1,035,864 $912,475 $804,769 $710,631 $628,244 $556,052 $492,715 $437,079 $388,150
14 Years $1,015,553 $885,898 $773,817 $676,791 $592,683 $519,675 $456,218 $400,990 $352,864
15 Years $995,640 $860,095 $744,054 $644,563 $559,135 $485,678 $422,424 $367,881 $320,785