Present Value of $985,000

What is the present value of $985,000? How much is $985k in the future worth today?
Present Date
Future Date
Future Value
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Rate of Return
%

Let's say an investment will pay out $985,000 in the future. How much should you be willing to pay for that investment today?

Present Value of $985,000 by Discount Rate
2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
1 Years $965,686 $956,311 $947,115 $938,095 $929,245 $920,561 $912,037 $903,670 $895,455
2 Years $946,751 $928,457 $910,688 $893,424 $876,646 $860,337 $844,479 $829,055 $814,050
3 Years $928,187 $901,415 $875,661 $850,880 $827,025 $804,053 $781,925 $760,601 $740,045
4 Years $909,988 $875,160 $841,982 $810,362 $780,212 $751,452 $724,004 $697,799 $672,768
5 Years $892,145 $849,670 $809,598 $771,773 $736,049 $702,291 $670,374 $640,182 $611,608
6 Years $874,652 $824,922 $778,460 $735,022 $694,386 $656,347 $620,717 $587,323 $556,007
7 Years $857,502 $800,895 $748,519 $700,021 $655,081 $613,408 $574,738 $538,829 $505,461
8 Years $840,688 $777,568 $719,730 $666,687 $618,001 $573,279 $532,165 $494,338 $459,510
9 Years $824,204 $754,920 $692,048 $634,940 $583,020 $535,775 $492,745 $453,521 $417,736
10 Years $808,043 $732,933 $665,431 $604,705 $550,019 $500,724 $456,246 $416,075 $379,760
11 Years $792,199 $711,585 $639,837 $575,909 $518,886 $467,966 $422,450 $381,720 $345,236
12 Years $776,666 $690,859 $615,228 $548,485 $489,515 $437,352 $391,157 $350,202 $313,851
13 Years $761,437 $670,737 $591,565 $522,367 $461,806 $408,740 $362,182 $321,286 $285,319
14 Years $746,507 $651,201 $568,813 $497,492 $435,666 $382,000 $335,354 $294,758 $259,381
15 Years $731,870 $632,234 $546,936 $473,802 $411,006 $357,009 $310,513 $270,420 $235,801