Present Value of $1,480,000

What is the present value of $1,480,000? How much is $1.48 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,480,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,480,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,450,980 $1,436,893 $1,423,077 $1,409,524 $1,396,226 $1,383,178 $1,370,370 $1,357,798 $1,345,455
2 Years $1,422,530 $1,395,042 $1,368,343 $1,342,404 $1,317,195 $1,292,689 $1,268,861 $1,245,686 $1,223,140
3 Years $1,394,637 $1,354,410 $1,315,715 $1,278,480 $1,242,637 $1,208,121 $1,174,872 $1,142,832 $1,111,946
4 Years $1,367,291 $1,314,961 $1,265,110 $1,217,600 $1,172,299 $1,129,085 $1,087,844 $1,048,469 $1,010,860
5 Years $1,340,482 $1,276,661 $1,216,452 $1,159,619 $1,105,942 $1,055,220 $1,007,263 $961,898 $918,964
6 Years $1,314,198 $1,239,477 $1,169,665 $1,104,399 $1,043,342 $986,186 $932,651 $882,476 $835,421
7 Years $1,288,429 $1,203,375 $1,124,678 $1,051,808 $984,285 $921,670 $863,566 $809,611 $759,474
8 Years $1,263,166 $1,168,326 $1,081,422 $1,001,722 $928,570 $861,373 $799,598 $742,762 $690,431
9 Years $1,238,398 $1,134,297 $1,039,828 $954,021 $876,010 $805,022 $740,368 $681,433 $627,664
10 Years $1,214,115 $1,101,259 $999,835 $908,592 $826,424 $752,357 $685,526 $625,168 $570,604
11 Years $1,190,309 $1,069,183 $961,380 $865,325 $779,646 $703,137 $634,747 $573,549 $518,731
12 Years $1,166,970 $1,038,042 $924,404 $824,119 $735,515 $657,138 $587,728 $526,191 $471,574
13 Years $1,144,088 $1,007,808 $888,850 $784,876 $693,882 $614,147 $544,193 $482,744 $428,703
14 Years $1,121,655 $978,454 $854,663 $747,501 $654,605 $573,970 $503,882 $442,885 $389,730
15 Years $1,099,662 $949,956 $821,791 $711,905 $617,552 $536,420 $466,558 $406,316 $354,300