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The Serious Year 2000 Problem Beginning of Paper A serious computer problem, variously known as the “Year 2000,” “Y2K,” “Century Date Change,” or “Millennium Bug” problem, faces many companies. This report is intended to provide a summary discussion of some of the major legal issues that may arise due to the Year 2 .... Middle of Paper .... due to this problem, when a computer sorts dates by year, “00” could be identified as an earlier date than “99”. A financial spreadsheet or projection therefore might show the financial trend for the 1999-2000 period running backwards rather than forwards. Insurance company computers might report a policy running through the year 2001 as having instead expired in 1901. A bank computer calculating the interest for a financial instrument for the six year period of 1995 through the year 2000 might instead calculate the interest .... 423 words | 2 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95