Present Value of $1,960,000

What is the present value of $1,960,000? How much is $1.96 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,960,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,960,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,921,569 $1,902,913 $1,884,615 $1,866,667 $1,849,057 $1,831,776 $1,814,815 $1,798,165 $1,781,818
2 Years $1,883,891 $1,847,488 $1,812,130 $1,777,778 $1,744,393 $1,711,940 $1,680,384 $1,649,693 $1,619,835
3 Years $1,846,952 $1,793,678 $1,742,433 $1,693,122 $1,645,654 $1,599,944 $1,555,911 $1,513,480 $1,472,577
4 Years $1,810,737 $1,741,435 $1,675,416 $1,612,497 $1,552,504 $1,495,275 $1,440,659 $1,388,513 $1,338,706
5 Years $1,775,232 $1,690,713 $1,610,977 $1,535,711 $1,464,626 $1,397,453 $1,333,943 $1,273,866 $1,217,006
6 Years $1,740,424 $1,641,469 $1,549,016 $1,462,582 $1,381,723 $1,306,031 $1,235,132 $1,168,684 $1,106,369
7 Years $1,706,298 $1,593,659 $1,489,439 $1,392,935 $1,303,512 $1,220,589 $1,143,641 $1,072,187 $1,005,790
8 Years $1,672,841 $1,547,242 $1,432,153 $1,326,605 $1,229,728 $1,140,738 $1,058,927 $983,658 $914,354
9 Years $1,640,040 $1,502,177 $1,377,070 $1,263,433 $1,160,121 $1,066,110 $980,488 $902,438 $831,231
10 Years $1,607,883 $1,458,424 $1,324,106 $1,203,270 $1,094,454 $996,365 $907,859 $827,925 $755,665
11 Years $1,576,356 $1,415,946 $1,273,179 $1,145,971 $1,032,504 $931,182 $840,610 $759,564 $686,968
12 Years $1,545,447 $1,374,705 $1,224,210 $1,091,401 $974,060 $870,263 $778,343 $696,848 $624,516
13 Years $1,515,144 $1,334,665 $1,177,125 $1,039,430 $918,924 $813,330 $720,688 $639,310 $567,742
14 Years $1,485,435 $1,295,791 $1,131,851 $989,933 $866,910 $760,122 $667,304 $586,523 $516,129
15 Years $1,456,309 $1,258,049 $1,088,318 $942,794 $817,840 $710,394 $617,874 $538,095 $469,208