Let's say an investment will pay out $29,000 in the future. How much should you be willing to pay for that investment today?
| 2.0% | 3.0% | 4.0% | 5.0% | 6.0% | 7.0% | 8.0% | 9.0% | 10.0% | |
|---|---|---|---|---|---|---|---|---|---|
| 1 Years | $28,431 | $28,155 | $27,885 | $27,619 | $27,358 | $27,103 | $26,852 | $26,606 | $26,364 |
| 2 Years | $27,874 | $27,335 | $26,812 | $26,304 | $25,810 | $25,330 | $24,863 | $24,409 | $23,967 |
| 3 Years | $27,327 | $26,539 | $25,781 | $25,051 | $24,349 | $23,673 | $23,021 | $22,393 | $21,788 |
| 4 Years | $26,792 | $25,766 | $24,789 | $23,858 | $22,971 | $22,124 | $21,316 | $20,544 | $19,807 |
| 5 Years | $26,266 | $25,016 | $23,836 | $22,722 | $21,670 | $20,677 | $19,737 | $18,848 | $18,007 |
| 6 Years | $25,751 | $24,287 | $22,919 | $21,640 | $20,444 | $19,324 | $18,275 | $17,292 | $16,370 |
| 7 Years | $25,246 | $23,580 | $22,038 | $20,610 | $19,287 | $18,060 | $16,921 | $15,864 | $14,882 |
| 8 Years | $24,751 | $22,893 | $21,190 | $19,628 | $18,195 | $16,878 | $15,668 | $14,554 | $13,529 |
| 9 Years | $24,266 | $22,226 | $20,375 | $18,694 | $17,165 | $15,774 | $14,507 | $13,352 | $12,299 |
| 10 Years | $23,790 | $21,579 | $19,591 | $17,803 | $16,193 | $14,742 | $13,433 | $12,250 | $11,181 |
| 11 Years | $23,324 | $20,950 | $18,838 | $16,956 | $15,277 | $13,778 | $12,438 | $11,238 | $10,164 |
| 12 Years | $22,866 | $20,340 | $18,113 | $16,148 | $14,412 | $12,876 | $11,516 | $10,311 | $9,240 |
| 13 Years | $22,418 | $19,748 | $17,417 | $15,379 | $13,596 | $12,034 | $10,663 | $9,459 | $8,400 |
| 14 Years | $21,978 | $19,172 | $16,747 | $14,647 | $12,827 | $11,247 | $9,873 | $8,678 | $7,637 |
| 15 Years | $21,547 | $18,614 | $16,103 | $13,949 | $12,101 | $10,511 | $9,142 | $7,962 | $6,942 |