Present Value of $1,530,000

What is the present value of $1,530,000? How much is $1.53 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,530,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,530,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,500,000 $1,485,437 $1,471,154 $1,457,143 $1,443,396 $1,429,907 $1,416,667 $1,403,670 $1,390,909
2 Years $1,470,588 $1,442,172 $1,414,571 $1,387,755 $1,361,695 $1,336,361 $1,311,728 $1,287,770 $1,264,463
3 Years $1,441,753 $1,400,167 $1,360,164 $1,321,672 $1,284,618 $1,248,936 $1,214,563 $1,181,441 $1,149,512
4 Years $1,413,484 $1,359,385 $1,307,850 $1,258,735 $1,211,903 $1,167,230 $1,124,596 $1,083,891 $1,045,011
5 Years $1,385,768 $1,319,791 $1,257,548 $1,198,795 $1,143,305 $1,090,869 $1,041,292 $994,395 $950,010
6 Years $1,358,596 $1,281,351 $1,209,181 $1,141,710 $1,078,590 $1,019,504 $964,160 $912,289 $863,645
7 Years $1,331,957 $1,244,030 $1,162,674 $1,087,342 $1,017,537 $952,807 $892,740 $836,962 $785,132
8 Years $1,305,840 $1,207,796 $1,117,956 $1,035,564 $959,941 $890,474 $826,611 $767,855 $713,756
9 Years $1,280,236 $1,172,618 $1,074,958 $986,252 $905,605 $832,219 $765,381 $704,455 $648,869
10 Years $1,255,133 $1,138,464 $1,033,613 $939,287 $854,344 $777,774 $708,686 $646,289 $589,881
11 Years $1,230,522 $1,105,305 $993,859 $894,559 $805,985 $726,892 $656,191 $592,925 $536,256
12 Years $1,206,395 $1,073,111 $955,633 $851,961 $760,363 $679,338 $607,584 $543,968 $487,505
13 Years $1,182,740 $1,041,856 $918,878 $811,392 $717,324 $634,896 $562,578 $499,053 $443,187
14 Years $1,159,549 $1,011,510 $883,537 $772,754 $676,720 $593,360 $520,905 $457,847 $402,897
15 Years $1,136,813 $982,049 $849,555 $735,956 $638,416 $554,542 $482,320 $420,043 $366,270