Present Value of $48,000

What is the present value of $48,000? How much is $48k in the future worth today?
Present Date
Future Date
Future Value
$
Rate of Return
%

Let's say an investment will pay out $48,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $48,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $47,059 $46,602 $46,154 $45,714 $45,283 $44,860 $44,444 $44,037 $43,636
2 Years $46,136 $45,245 $44,379 $43,537 $42,720 $41,925 $41,152 $40,401 $39,669
3 Years $45,231 $43,927 $42,672 $41,464 $40,302 $39,182 $38,104 $37,065 $36,063
4 Years $44,345 $42,647 $41,031 $39,490 $38,020 $36,619 $35,281 $34,004 $32,785
5 Years $43,475 $41,405 $39,453 $37,609 $35,868 $34,223 $32,668 $31,197 $29,804
6 Years $42,623 $40,199 $37,935 $35,818 $33,838 $31,984 $30,248 $28,621 $27,095
7 Years $41,787 $39,028 $36,476 $34,113 $31,923 $29,892 $28,008 $26,258 $24,632
8 Years $40,968 $37,892 $35,073 $32,488 $30,116 $27,936 $25,933 $24,090 $22,392
9 Years $40,164 $36,788 $33,724 $30,941 $28,411 $26,109 $24,012 $22,101 $20,357
10 Years $39,377 $35,717 $32,427 $29,468 $26,803 $24,401 $22,233 $20,276 $18,506
11 Years $38,605 $34,676 $31,180 $28,065 $25,286 $22,804 $20,586 $18,602 $16,824
12 Years $37,848 $33,666 $29,981 $26,728 $23,855 $21,313 $19,061 $17,066 $15,294
13 Years $37,106 $32,686 $28,828 $25,455 $22,504 $19,918 $17,650 $15,657 $13,904
14 Years $36,378 $31,734 $27,719 $24,243 $21,230 $18,615 $16,342 $14,364 $12,640
15 Years $35,665 $30,809 $26,653 $23,089 $20,029 $17,397 $15,132 $13,178 $11,491