Present Value of $1,600,000

What is the present value of $1,600,000? How much is $1.6 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,600,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,600,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,568,627 $1,553,398 $1,538,462 $1,523,810 $1,509,434 $1,495,327 $1,481,481 $1,467,890 $1,454,545
2 Years $1,537,870 $1,508,153 $1,479,290 $1,451,247 $1,423,994 $1,397,502 $1,371,742 $1,346,688 $1,322,314
3 Years $1,507,716 $1,464,227 $1,422,394 $1,382,140 $1,343,391 $1,306,077 $1,270,132 $1,235,494 $1,202,104
4 Years $1,478,153 $1,421,579 $1,367,687 $1,316,324 $1,267,350 $1,220,632 $1,176,048 $1,133,480 $1,092,822
5 Years $1,449,169 $1,380,174 $1,315,083 $1,253,642 $1,195,613 $1,140,778 $1,088,933 $1,039,890 $993,474
6 Years $1,420,754 $1,339,975 $1,264,503 $1,193,945 $1,127,937 $1,066,148 $1,008,271 $954,028 $903,158
7 Years $1,392,896 $1,300,946 $1,215,869 $1,137,090 $1,064,091 $996,400 $933,585 $875,255 $821,053
8 Years $1,365,585 $1,263,055 $1,169,104 $1,082,943 $1,003,860 $931,215 $864,430 $802,986 $746,412
9 Years $1,338,808 $1,226,267 $1,124,139 $1,031,374 $947,038 $870,294 $800,398 $736,684 $678,556
10 Years $1,312,557 $1,190,550 $1,080,903 $982,261 $893,432 $813,359 $741,110 $675,857 $616,869
11 Years $1,286,821 $1,155,874 $1,039,329 $935,487 $842,860 $760,148 $686,213 $620,053 $560,790
12 Years $1,261,589 $1,122,208 $999,355 $890,940 $795,151 $710,419 $635,382 $568,856 $509,809
13 Years $1,236,852 $1,089,522 $960,919 $848,514 $750,142 $663,943 $588,317 $521,886 $463,463
14 Years $1,212,600 $1,057,788 $923,960 $808,109 $707,682 $620,508 $544,738 $478,794 $421,330
15 Years $1,188,824 $1,026,979 $888,423 $769,627 $667,624 $579,914 $504,387 $439,261 $383,027