Discount factors for interest rates between 4% and 5%
Interest rate per year
Years
4%
4.1%
4.2%
4.3%
4.4%
4.5%
4.6%
4.7%
4.8%
4.9%
5%
1
0.9615
0.9606
0.9597
0.9588
0.9579
0.9569
0.956
0.9551
0.9542
0.9533
0.9524
2
0.9246
0.9228
0.921
0.9192
0.9175
0.9157
0.914
0.9122
0.9105
0.9088
0.907
3
0.889
0.8864
0.8839
0.8813
0.8788
0.8763
0.8738
0.8713
0.8688
0.8663
0.8638
4
0.8548
0.8515
0.8483
0.845
0.8418
0.8386
0.8354
0.8322
0.829
0.8258
0.8227
5
0.8219
0.818
0.8141
0.8102
0.8063
0.8025
0.7986
0.7948
0.791
0.7873
0.7835
6
0.7903
0.7858
0.7813
0.7768
0.7723
0.7679
0.7635
0.7591
0.7548
0.7505
0.7462
7
0.7599
0.7548
0.7498
0.7447
0.7398
0.7348
0.7299
0.7251
0.7202
0.7154
0.7107
8
0.7307
0.7251
0.7195
0.714
0.7086
0.7032
0.6978
0.6925
0.6872
0.682
0.6768
9
0.7026
0.6965
0.6905
0.6846
0.6787
0.6729
0.6671
0.6614
0.6558
0.6502
0.6446
10
0.6756
0.6691
0.6627
0.6564
0.6501
0.6439
0.6378
0.6317
0.6257
0.6198
0.6139
11
0.6496
0.6427
0.636
0.6293
0.6227
0.6162
0.6097
0.6034
0.5971
0.5908
0.5847
12
0.6246
0.6174
0.6104
0.6034
0.5965
0.5897
0.5829
0.5763
0.5697
0.5632
0.5568
13
0.6006
0.5931
0.5858
0.5785
0.5713
0.5643
0.5573
0.5504
0.5436
0.5369
0.5303
14
0.5775
0.5698
0.5621
0.5547
0.5473
0.54
0.5328
0.5257
0.5187
0.5119
0.5051
15
0.5553
0.5473
0.5395
0.5318
0.5242
0.5167
0.5094
0.5021
0.495
0.4879
0.481
16
0.5339
0.5258
0.5177
0.5099
0.5021
0.4945
0.487
0.4796
0.4723
0.4651
0.4581
17
0.5134
0.5051
0.4969
0.4888
0.4809
0.4732
0.4655
0.458
0.4507
0.4434
0.4363
18
0.4936
0.4852
0.4768
0.4687
0.4607
0.4528
0.4451
0.4375
0.43
0.4227
0.4155
19
0.4746
0.4661
0.4576
0.4494
0.4413
0.4333
0.4255
0.4178
0.4103
0.403
0.3957
20
0.4564
0.4477
0.4392
0.4308
0.4227
0.4146
0.4068
0.3991
0.3915
0.3841
0.3769
21
0.4388
0.4301
0.4215
0.4131
0.4048
0.3968
0.3889
0.3812
0.3736
0.3662
0.3589
22
0.422
0.4131
0.4045
0.396
0.3878
0.3797
0.3718
0.3641
0.3565
0.3491
0.3418
23
0.4057
0.3969
0.3882
0.3797
0.3714
0.3634
0.3554
0.3477
0.3402
0.3328
0.3256
24
0.3901
0.3812
0.3725
0.3641
0.3558
0.3477
0.3398
0.3321
0.3246
0.3172
0.3101
25
0.3751
0.3662
0.3575
0.3491
0.3408
0.3327
0.3249
0.3172
0.3097
0.3024
0.2953
26
0.3607
0.3518
0.3431
0.3347
0.3264
0.3184
0.3106
0.303
0.2955
0.2883
0.2812
27
0.3468
0.3379
0.3293
0.3209
0.3127
0.3047
0.2969
0.2894
0.282
0.2748
0.2678
28
0.3335
0.3246
0.316
0.3076
0.2995
0.2916
0.2839
0.2764
0.2691
0.262
0.2551
29
0.3207
0.3118
0.3033
0.295
0.2869
0.279
0.2714
0.264
0.2568
0.2498
0.2429
30
0.3083
0.2996
0.2911
0.2828
0.2748
0.267
0.2594
0.2521
0.245
0.2381
0.2314