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The wave of the future is drowning out very quickly All the technology we have created will bit the dust before the systems really are used At the end of the century all systems that have calendars to monitor systems or use calendars to show dates will shut down all at once Major electronic systems such as elevators alarm systems fax machines telephones cars with computer systems will be nothing more than paper weights or wall designs nothing more For years computers and electronic equipment were programmed to recognize a two digit year such as 98 for 1998 Consequently these systems may not function correctly when a new year appear as to be a lower number than the previous year such as 00 for 2000 The year 2000 could be interpreted as 1900 causing major errors stoppages and unpredictable results that can seriously impact a business The most electronically based operations would of the banking world were the date change would effect anything from tyme accounts to interest balancing calculations For example in a banking application if the interest is calculated for a given period by subtracting the years in two different dates the code segment for above calculation will work if the given dates are between 01-Jan-1900 31-DEC-1999 whereas if the code is used to calculate the difference between 01-Jan-1999 and 01-Jan-2000 the results will be interpreted wrongly How could the Year2000 Problem happen this is the first question asked by everyone who knows and hears of this problem The Y2K problem has always been there and programmers were aware of this problem for years Since programmers thought that the problem is to arise only after some decades it was not given much importance Now Y2K crisis is on top of us the issue is critical universally From the discussion of what is Y2K and how the problem arosewe are aware of the effect the problem will have From the technical point of
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