Present Value of $1,580,000

What is the present value of $1,580,000? How much is $1.58 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,580,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,580,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,549,020 $1,533,981 $1,519,231 $1,504,762 $1,490,566 $1,476,636 $1,462,963 $1,449,541 $1,436,364
2 Years $1,518,647 $1,489,302 $1,460,799 $1,433,107 $1,406,194 $1,380,033 $1,354,595 $1,329,854 $1,305,785
3 Years $1,488,869 $1,445,924 $1,404,614 $1,364,863 $1,326,598 $1,289,751 $1,254,255 $1,220,050 $1,187,077
4 Years $1,459,676 $1,403,810 $1,350,591 $1,299,870 $1,251,508 $1,205,374 $1,161,347 $1,119,312 $1,079,161
5 Years $1,431,055 $1,362,922 $1,298,645 $1,237,971 $1,180,668 $1,126,518 $1,075,321 $1,026,892 $981,056
6 Years $1,402,995 $1,323,225 $1,248,697 $1,179,020 $1,113,838 $1,052,821 $995,668 $942,102 $891,869
7 Years $1,375,485 $1,284,685 $1,200,670 $1,122,877 $1,050,790 $983,945 $921,915 $864,314 $810,790
8 Years $1,348,515 $1,247,267 $1,154,491 $1,069,406 $991,312 $919,574 $853,625 $792,949 $737,082
9 Years $1,322,073 $1,210,938 $1,110,087 $1,018,482 $935,200 $859,415 $790,393 $727,476 $670,074
10 Years $1,296,150 $1,175,668 $1,067,391 $969,983 $882,264 $803,192 $731,846 $667,409 $609,158
11 Years $1,270,736 $1,141,426 $1,026,338 $923,793 $832,324 $750,647 $677,635 $612,302 $553,780
12 Years $1,245,819 $1,108,180 $986,863 $879,803 $785,212 $701,539 $627,440 $561,745 $503,437
13 Years $1,221,391 $1,075,903 $948,907 $837,908 $740,766 $655,644 $580,963 $515,362 $457,670
14 Years $1,197,443 $1,044,566 $912,411 $798,007 $698,836 $612,751 $537,928 $472,809 $416,063
15 Years $1,173,963 $1,014,142 $877,318 $760,007 $659,279 $572,665 $498,082 $433,770 $378,239