Present Value of $1,540,000

What is the present value of $1,540,000? How much is $1.54 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,540,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,540,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,509,804 $1,495,146 $1,480,769 $1,466,667 $1,452,830 $1,439,252 $1,425,926 $1,412,844 $1,400,000
2 Years $1,480,200 $1,451,598 $1,423,817 $1,396,825 $1,370,595 $1,345,096 $1,320,302 $1,296,187 $1,272,727
3 Years $1,451,176 $1,409,318 $1,369,054 $1,330,310 $1,293,014 $1,257,099 $1,222,502 $1,189,163 $1,157,025
4 Years $1,422,722 $1,368,270 $1,316,398 $1,266,962 $1,219,824 $1,174,859 $1,131,946 $1,090,975 $1,051,841
5 Years $1,394,825 $1,328,418 $1,265,768 $1,206,630 $1,150,778 $1,097,999 $1,048,098 $1,000,894 $956,219
6 Years $1,367,476 $1,289,726 $1,217,084 $1,149,172 $1,085,639 $1,026,167 $970,461 $918,252 $869,290
7 Years $1,340,663 $1,252,161 $1,170,273 $1,094,449 $1,024,188 $959,035 $898,575 $842,433 $790,264
8 Years $1,314,375 $1,215,690 $1,125,263 $1,042,333 $966,215 $896,294 $832,014 $772,874 $718,421
9 Years $1,288,603 $1,180,282 $1,081,984 $992,698 $911,524 $837,658 $770,383 $709,059 $653,110
10 Years $1,263,336 $1,145,905 $1,040,369 $945,426 $859,928 $782,858 $713,318 $650,513 $593,737
11 Years $1,238,565 $1,112,529 $1,000,355 $900,406 $811,253 $731,643 $660,480 $596,801 $539,761
12 Years $1,214,279 $1,080,125 $961,879 $857,530 $765,333 $683,778 $611,555 $547,523 $490,691
13 Years $1,190,470 $1,048,665 $924,884 $816,695 $722,012 $639,045 $566,255 $502,315 $446,083
14 Years $1,167,128 $1,018,121 $889,312 $777,805 $681,143 $597,239 $524,310 $460,840 $405,530
15 Years $1,144,243 $988,467 $855,107 $740,766 $642,588 $558,167 $485,472 $422,789 $368,664