Present Value of $38,000
What is the present value of $38,000? How much is $38k in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%
Let's say an investment will pay out $38,000 in the future. How much should you be willing to pay for that investment today?
Present Value of $38,000 by Discount Rate
| 2.0% | 3.0% | 4.0% | 5.0% | 6.0% | 7.0% | 8.0% | 9.0% | 10.0% | |
|---|---|---|---|---|---|---|---|---|---|
| 1 Years | $37,255 | $36,893 | $36,538 | $36,190 | $35,849 | $35,514 | $35,185 | $34,862 | $34,545 |
| 2 Years | $36,524 | $35,819 | $35,133 | $34,467 | $33,820 | $33,191 | $32,579 | $31,984 | $31,405 |
| 3 Years | $35,808 | $34,775 | $33,782 | $32,826 | $31,906 | $31,019 | $30,166 | $29,343 | $28,550 |
| 4 Years | $35,106 | $33,763 | $32,483 | $31,263 | $30,100 | $28,990 | $27,931 | $26,920 | $25,955 |
| 5 Years | $34,418 | $32,779 | $31,233 | $29,774 | $28,396 | $27,093 | $25,862 | $24,697 | $23,595 |
| 6 Years | $33,743 | $31,824 | $30,032 | $28,356 | $26,789 | $25,321 | $23,946 | $22,658 | $21,450 |
| 7 Years | $33,081 | $30,897 | $28,877 | $27,006 | $25,272 | $23,664 | $22,173 | $20,787 | $19,500 |
| 8 Years | $32,433 | $29,998 | $27,766 | $25,720 | $23,842 | $22,116 | $20,530 | $19,071 | $17,727 |
| 9 Years | $31,797 | $29,124 | $26,698 | $24,495 | $22,492 | $20,669 | $19,009 | $17,496 | $16,116 |
| 10 Years | $31,173 | $28,276 | $25,671 | $23,329 | $21,219 | $19,317 | $17,601 | $16,052 | $14,651 |
| 11 Years | $30,562 | $27,452 | $24,684 | $22,218 | $20,018 | $18,054 | $16,298 | $14,726 | $13,319 |
| 12 Years | $29,963 | $26,652 | $23,735 | $21,160 | $18,885 | $16,872 | $15,090 | $13,510 | $12,108 |
| 13 Years | $29,375 | $25,876 | $22,822 | $20,152 | $17,816 | $15,769 | $13,973 | $12,395 | $11,007 |
| 14 Years | $28,799 | $25,122 | $21,944 | $19,193 | $16,807 | $14,737 | $12,938 | $11,371 | $10,007 |
| 15 Years | $28,235 | $24,391 | $21,100 | $18,279 | $15,856 | $13,773 | $11,979 | $10,432 | $9,097 |