Present Value of $1,560,000

What is the present value of $1,560,000? How much is $1.56 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,560,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,560,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,529,412 $1,514,563 $1,500,000 $1,485,714 $1,471,698 $1,457,944 $1,444,444 $1,431,193 $1,418,182
2 Years $1,499,423 $1,470,450 $1,442,308 $1,414,966 $1,388,394 $1,362,564 $1,337,449 $1,313,021 $1,289,256
3 Years $1,470,023 $1,427,621 $1,386,834 $1,347,587 $1,309,806 $1,273,425 $1,238,378 $1,204,606 $1,172,051
4 Years $1,441,199 $1,386,040 $1,333,495 $1,283,416 $1,235,666 $1,190,117 $1,146,647 $1,105,143 $1,065,501
5 Years $1,412,940 $1,345,670 $1,282,206 $1,222,301 $1,165,723 $1,112,258 $1,061,710 $1,013,893 $968,637
6 Years $1,385,235 $1,306,475 $1,232,891 $1,164,096 $1,099,738 $1,039,494 $983,065 $930,177 $880,579
7 Years $1,358,074 $1,268,423 $1,185,472 $1,108,663 $1,037,489 $971,490 $910,245 $853,373 $800,527
8 Years $1,331,445 $1,231,478 $1,139,877 $1,055,869 $978,763 $907,934 $842,819 $782,911 $727,752
9 Years $1,305,338 $1,195,610 $1,096,035 $1,005,590 $923,362 $848,537 $780,388 $718,267 $661,592
10 Years $1,279,743 $1,160,787 $1,053,880 $957,705 $871,096 $793,025 $722,582 $658,961 $601,448
11 Years $1,254,650 $1,126,977 $1,013,346 $912,100 $821,789 $741,145 $669,057 $604,551 $546,770
12 Years $1,230,049 $1,094,153 $974,371 $868,666 $775,272 $692,659 $619,497 $554,634 $497,064
13 Years $1,205,931 $1,062,284 $936,896 $827,301 $731,389 $647,345 $573,609 $508,839 $451,876
14 Years $1,182,285 $1,031,344 $900,861 $787,906 $689,990 $604,995 $531,119 $466,824 $410,797
15 Years $1,159,103 $1,001,305 $866,213 $750,387 $650,933 $565,416 $491,777 $428,279 $373,452