Present Value of $1,980,000

What is the present value of $1,980,000? How much is $1.98 million in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $1,980,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $1,980,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $1,941,176 $1,922,330 $1,903,846 $1,885,714 $1,867,925 $1,850,467 $1,833,333 $1,816,514 $1,800,000
2 Years $1,903,114 $1,866,340 $1,830,621 $1,795,918 $1,762,193 $1,729,409 $1,697,531 $1,666,526 $1,636,364
3 Years $1,865,798 $1,811,980 $1,760,213 $1,710,398 $1,662,446 $1,616,270 $1,571,788 $1,528,923 $1,487,603
4 Years $1,829,214 $1,759,204 $1,692,512 $1,628,951 $1,568,345 $1,510,533 $1,455,359 $1,402,682 $1,352,367
5 Years $1,793,347 $1,707,965 $1,627,416 $1,551,382 $1,479,571 $1,411,713 $1,347,555 $1,286,864 $1,229,424
6 Years $1,758,183 $1,658,219 $1,564,823 $1,477,506 $1,395,822 $1,319,358 $1,247,736 $1,180,609 $1,117,658
7 Years $1,723,709 $1,609,921 $1,504,637 $1,407,149 $1,316,813 $1,233,044 $1,155,311 $1,083,128 $1,016,053
8 Years $1,689,911 $1,563,030 $1,446,767 $1,340,142 $1,242,276 $1,152,378 $1,069,732 $993,695 $923,685
9 Years $1,656,775 $1,517,505 $1,391,122 $1,276,326 $1,171,959 $1,076,989 $990,493 $911,647 $839,713
10 Years $1,624,290 $1,473,306 $1,337,617 $1,215,548 $1,105,622 $1,006,532 $917,123 $836,373 $763,376
11 Years $1,592,441 $1,430,394 $1,286,170 $1,157,665 $1,043,039 $940,684 $849,188 $767,315 $693,978
12 Years $1,561,216 $1,388,732 $1,236,702 $1,102,538 $983,999 $879,144 $786,285 $703,959 $630,889
13 Years $1,530,604 $1,348,284 $1,189,137 $1,050,036 $928,301 $821,630 $728,042 $645,834 $573,535
14 Years $1,500,593 $1,309,013 $1,143,401 $1,000,035 $875,756 $767,878 $674,113 $592,508 $521,396
15 Years $1,471,169 $1,270,887 $1,099,424 $952,414 $826,185 $717,643 $624,179 $543,585 $473,996