Final answer:
The subject of this question is finance and investment. The investment will pay $15,000. The four options to consider are present value, future value, annuity, and interest rate.
Step-by-step explanation:
The subject of this question is finance and investment.
To answer the question:
a) Present value: Calculate the present value of the investment. This represents the current worth of the $15,000 you will receive in the future, taking into account the interest rate.
b) Future value: Calculate the future value of the investment. This represents the value of the investment at a future date, considering the interest rate.
c) Annuity: An annuity refers to a series of equal payments received or made at regular intervals. In this question, the investment is not an annuity because it is a single payment of $15,000.
d) Interest rate: The interest rate is the rate at which the investment will grow over time or the rate at which you can earn a return on your investment.