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solong [7]
3 years ago
6

Fox Scully received an e-mail promoting a new financial services institution that offers surprisingly low mortgage rates. The e-

mail asked customers to provide their address, date of birth, Social Security number, and current mortgage information in order to receive a free loan quote. Suspicious of the offer, Fox researched the company and discovered that the e-mail was fraudulent. This is an example of _____________.
Business
1 answer:
mixas84 [53]3 years ago
5 0

FAnswer:

phishing

Explanation:

From the question we are informed about Fox Scully who received an e-mail promoting a new financial services institution that offers surprisingly low mortgage rates. The e-mail asked customers to provide their address, date of birth, Social Security number, and current mortgage information in order to receive a free loan quote. Suspicious of the offer, Fox researched the company and discovered that the e-mail was fraudulent. This is an example of phishing.

Phishing can be regarded as a kind of social engineering attack which is used by attackers in stealing user data as well as login credentials and credit card numbers. It usually takes place

as a result of the attacker, masquerading him/her self as a trusted entity, then later dupes a victim so the victim can open an email or particular instant message even text message.

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Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of $250,00
xeze [42]

Answer: The correct answer is e). 3.67%

Explanation: An ordinary annuity is a series of payments made at the end of each period.

The formula for ordinary annuity is PV = PMT × ((1 - (1 + r) ^ -n)/ r)

Where; PMT = the periodic cash payment; r = the interest rate per period; n = the total number of periods and PV = present value.

Therefore; 3500000 = 250000×((1-(1+r)^-20)/r

This will give the rate as 3.67%

4 0
3 years ago
5 causes of lack of clean water due to human factor
TiliK225 [7]
-Oil spills
-Acid rain
-Factories
-Toxic Waste
-Sewage and waste runoff
8 0
3 years ago
Read 2 more answers
Which of the following best states the main difference between a monopoly and an oligopoly?
MrMuchimi

Answer:

C:Oligopolies involve more than one company while monopolies involve only one.

Explanation:

A monopoly is a market structure with one supplier serving a very large market. In a monopoly, a single firm sells to many buyers. The product or service offered by a monopoly has no close substitutes. Customers have no choice but to buy from the only firm providing the product or service. Monopolies may result from government policy or very restrictive barriers of entry.

An oligopoly is a market structure where very few firms dominated the market . It when four or five firms control the majority market share of a very large market. There could be other firms with very little market share. Firms in an oligopoly market may sell homogeneous or differentiated products. The few firms dominating the industry collaborate to profit from the market.

8 0
3 years ago
Hours of labor or number of workers are common ways of measuring a company's _________?
vovangra [49]

Answer:

productivity

Explanation:

to measure a company's productivity hours of labor or number of workers are taken into consideration. means efficient usage of labor

4 0
3 years ago
You plan to save $370 per month starting today for the next 46 years "just to start the month off right." You feel that you can
qwelly [4]

Answer:

You plan to save $370 per month starting today for the next 46 years at an interest rate of 9.7% will be <u>$791046.3155</u>

Explanation:

Rate = 9.7% / 12 = 0.808333%

Number of periods = 30 * 12 = 360

Future value = ( 1 + r) * Monthly payments * [ ( 1 + r)n - 1] / r

Future value = ( 1 + 0.00808333) * 370 * [ ( 1 + 0.00808333)360 - 1] / 0.00808333

Future value = 1.00808333 * 370 * 2,120.819723

Future value = $791046.3155

4 0
3 years ago
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