Present Value of $1,640,000

What is the present value of $1,640,000? How much is $1.64 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,640,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,640,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,607,843 $1,592,233 $1,576,923 $1,561,905 $1,547,170 $1,532,710 $1,518,519 $1,504,587 $1,490,909
2 Years $1,576,317 $1,545,857 $1,516,272 $1,487,528 $1,459,594 $1,432,440 $1,406,036 $1,380,355 $1,355,372
3 Years $1,545,409 $1,500,832 $1,457,954 $1,416,694 $1,376,976 $1,338,729 $1,301,885 $1,266,381 $1,232,156
4 Years $1,515,106 $1,457,119 $1,401,879 $1,349,232 $1,299,034 $1,251,148 $1,205,449 $1,161,817 $1,120,142
5 Years $1,485,399 $1,414,678 $1,347,960 $1,284,983 $1,225,503 $1,169,297 $1,116,156 $1,065,887 $1,018,311
6 Years $1,456,273 $1,373,474 $1,296,116 $1,223,793 $1,156,135 $1,092,801 $1,033,478 $977,878 $925,737
7 Years $1,427,719 $1,333,470 $1,246,265 $1,165,517 $1,090,694 $1,021,310 $956,924 $897,136 $841,579
8 Years $1,399,724 $1,294,631 $1,198,332 $1,110,017 $1,028,956 $954,495 $886,041 $823,061 $765,072
9 Years $1,372,279 $1,256,923 $1,152,242 $1,057,159 $970,713 $892,051 $820,408 $755,102 $695,520
10 Years $1,345,371 $1,220,314 $1,107,925 $1,006,818 $915,767 $833,693 $759,637 $692,754 $632,291
11 Years $1,318,991 $1,184,771 $1,065,313 $958,874 $863,932 $779,152 $703,368 $635,554 $574,810
12 Years $1,293,129 $1,150,263 $1,024,339 $913,213 $815,030 $728,180 $651,267 $583,077 $522,555
13 Years $1,267,773 $1,116,760 $984,942 $869,727 $768,896 $680,542 $603,025 $534,933 $475,050
14 Years $1,242,915 $1,084,233 $947,059 $828,311 $725,374 $636,020 $558,356 $490,764 $431,863
15 Years $1,218,544 $1,052,654 $910,634 $788,868 $684,315 $594,411 $516,996 $450,242 $392,603