Present Value of $16,000
What is the present value of $16,000? How much is $16k in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%
Let's say an investment will pay out $16,000 in the future. How much should you be willing to pay for that investment today?
Present Value of $16,000 by Discount Rate
| 2.0% | 3.0% | 4.0% | 5.0% | 6.0% | 7.0% | 8.0% | 9.0% | 10.0% | |
|---|---|---|---|---|---|---|---|---|---|
| 1 Years | $15,686 | $15,534 | $15,385 | $15,238 | $15,094 | $14,953 | $14,815 | $14,679 | $14,545 |
| 2 Years | $15,379 | $15,082 | $14,793 | $14,512 | $14,240 | $13,975 | $13,717 | $13,467 | $13,223 |
| 3 Years | $15,077 | $14,642 | $14,224 | $13,821 | $13,434 | $13,061 | $12,701 | $12,355 | $12,021 |
| 4 Years | $14,782 | $14,216 | $13,677 | $13,163 | $12,673 | $12,206 | $11,760 | $11,335 | $10,928 |
| 5 Years | $14,492 | $13,802 | $13,151 | $12,536 | $11,956 | $11,408 | $10,889 | $10,399 | $9,935 |
| 6 Years | $14,208 | $13,400 | $12,645 | $11,939 | $11,279 | $10,661 | $10,083 | $9,540 | $9,032 |
| 7 Years | $13,929 | $13,009 | $12,159 | $11,371 | $10,641 | $9,964 | $9,336 | $8,753 | $8,211 |
| 8 Years | $13,656 | $12,631 | $11,691 | $10,829 | $10,039 | $9,312 | $8,644 | $8,030 | $7,464 |
| 9 Years | $13,388 | $12,263 | $11,241 | $10,314 | $9,470 | $8,703 | $8,004 | $7,367 | $6,786 |
| 10 Years | $13,126 | $11,906 | $10,809 | $9,823 | $8,934 | $8,134 | $7,411 | $6,759 | $6,169 |
| 11 Years | $12,868 | $11,559 | $10,393 | $9,355 | $8,429 | $7,601 | $6,862 | $6,201 | $5,608 |
| 12 Years | $12,616 | $11,222 | $9,994 | $8,909 | $7,952 | $7,104 | $6,354 | $5,689 | $5,098 |
| 13 Years | $12,369 | $10,895 | $9,609 | $8,485 | $7,501 | $6,639 | $5,883 | $5,219 | $4,635 |
| 14 Years | $12,126 | $10,578 | $9,240 | $8,081 | $7,077 | $6,205 | $5,447 | $4,788 | $4,213 |
| 15 Years | $11,888 | $10,270 | $8,884 | $7,696 | $6,676 | $5,799 | $5,044 | $4,393 | $3,830 |