Present Value of $980,000

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

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

Present Value of $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 $960,784 $951,456 $942,308 $933,333 $924,528 $915,888 $907,407 $899,083 $890,909
2 Years $941,945 $923,744 $906,065 $888,889 $872,197 $855,970 $840,192 $824,846 $809,917
3 Years $923,476 $896,839 $871,216 $846,561 $822,827 $799,972 $777,956 $756,740 $736,289
4 Years $905,369 $870,717 $837,708 $806,248 $776,252 $747,637 $720,329 $694,257 $669,353
5 Years $887,616 $845,357 $805,489 $767,856 $732,313 $698,726 $666,972 $636,933 $608,503
6 Years $870,212 $820,735 $774,508 $731,291 $690,861 $653,015 $617,566 $584,342 $553,184
7 Years $853,149 $796,830 $744,719 $696,468 $651,756 $610,295 $571,821 $536,094 $502,895
8 Years $836,421 $773,621 $716,076 $663,303 $614,864 $570,369 $529,464 $491,829 $457,177
9 Years $820,020 $751,088 $688,535 $631,717 $580,060 $533,055 $490,244 $451,219 $415,616
10 Years $803,941 $729,212 $662,053 $601,635 $547,227 $498,182 $453,930 $413,963 $377,832
11 Years $788,178 $707,973 $636,589 $572,986 $516,252 $465,591 $420,305 $379,782 $343,484
12 Years $772,723 $687,352 $612,105 $545,701 $487,030 $435,132 $389,171 $348,424 $312,258
13 Years $757,572 $667,332 $588,563 $519,715 $459,462 $406,665 $360,344 $319,655 $283,871
14 Years $742,718 $647,895 $565,926 $494,967 $433,455 $380,061 $333,652 $293,262 $258,065
15 Years $728,154 $629,025 $544,159 $471,397 $408,920 $355,197 $308,937 $269,047 $234,604