Present Value of $20,000

What is the present value of $20,000? How much is $20k in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $20,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $20,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $19,608 $19,417 $19,231 $19,048 $18,868 $18,692 $18,519 $18,349 $18,182
2 Years $19,223 $18,852 $18,491 $18,141 $17,800 $17,469 $17,147 $16,834 $16,529
3 Years $18,846 $18,303 $17,780 $17,277 $16,792 $16,326 $15,877 $15,444 $15,026
4 Years $18,477 $17,770 $17,096 $16,454 $15,842 $15,258 $14,701 $14,169 $13,660
5 Years $18,115 $17,252 $16,439 $15,671 $14,945 $14,260 $13,612 $12,999 $12,418
6 Years $17,759 $16,750 $15,806 $14,924 $14,099 $13,327 $12,603 $11,925 $11,289
7 Years $17,411 $16,262 $15,198 $14,214 $13,301 $12,455 $11,670 $10,941 $10,263
8 Years $17,070 $15,788 $14,614 $13,537 $12,548 $11,640 $10,805 $10,037 $9,330
9 Years $16,735 $15,328 $14,052 $12,892 $11,838 $10,879 $10,005 $9,209 $8,482
10 Years $16,407 $14,882 $13,511 $12,278 $11,168 $10,167 $9,264 $8,448 $7,711
11 Years $16,085 $14,448 $12,992 $11,694 $10,536 $9,502 $8,578 $7,751 $7,010
12 Years $15,770 $14,028 $12,492 $11,137 $9,939 $8,880 $7,942 $7,111 $6,373
13 Years $15,461 $13,619 $12,011 $10,606 $9,377 $8,299 $7,354 $6,524 $5,793
14 Years $15,158 $13,222 $11,550 $10,101 $8,846 $7,756 $6,809 $5,985 $5,267
15 Years $14,860 $12,837 $11,105 $9,620 $8,345 $7,249 $6,305 $5,491 $4,788