Present Value of $1,500,000

What is the present value of $1,500,000? How much is $1.5 million in the future worth today?

Present Date

Future Date

Future Value

Rate of Return

Let's say an investment will pay out $1,500,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,500,000 by Discount Rate

	2.0%	3.0%	4.0%	5.0%	6.0%	7.0%	8.0%	9.0%	10.0%
1 Years	$1,470,588	$1,456,311	$1,442,308	$1,428,571	$1,415,094	$1,401,869	$1,388,889	$1,376,147	$1,363,636
2 Years	$1,441,753	$1,413,894	$1,386,834	$1,360,544	$1,334,995	$1,310,158	$1,286,008	$1,262,520	$1,239,669
3 Years	$1,413,484	$1,372,712	$1,333,495	$1,295,756	$1,259,429	$1,224,447	$1,190,748	$1,158,275	$1,126,972
4 Years	$1,385,768	$1,332,731	$1,282,206	$1,234,054	$1,188,140	$1,144,343	$1,102,545	$1,062,638	$1,024,520
5 Years	$1,358,596	$1,293,913	$1,232,891	$1,175,289	$1,120,887	$1,069,479	$1,020,875	$974,897	$931,382
6 Years	$1,331,957	$1,256,226	$1,185,472	$1,119,323	$1,057,441	$999,513	$945,254	$894,401	$846,711
7 Years	$1,305,840	$1,219,637	$1,139,877	$1,066,022	$997,586	$934,125	$875,236	$820,551	$769,737
8 Years	$1,280,236	$1,184,114	$1,096,035	$1,015,259	$941,119	$873,014	$810,403	$752,799	$699,761
9 Years	$1,255,133	$1,149,625	$1,053,880	$966,913	$887,848	$815,901	$750,373	$690,642	$636,146
10 Years	$1,230,522	$1,116,141	$1,013,346	$920,870	$837,592	$762,524	$694,790	$633,616	$578,315
11 Years	$1,206,395	$1,083,632	$974,371	$877,019	$790,181	$712,639	$643,324	$581,299	$525,741
12 Years	$1,182,740	$1,052,070	$936,896	$835,256	$745,454	$666,018	$595,671	$533,302	$477,946
13 Years	$1,159,549	$1,021,427	$900,861	$795,482	$703,259	$622,447	$551,547	$489,268	$434,497
14 Years	$1,136,813	$991,677	$866,213	$757,602	$663,451	$581,726	$510,692	$448,870	$394,997
15 Years	$1,114,522	$962,793	$832,897	$721,526	$625,898	$543,669	$472,863	$411,807	$359,088