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COBOL is still used today due to the high cost in upgrading software, and recent studies show that as many as twelve million COBOL applications are still used today. Also, a good majority of these are proprietary and would be extremely hard to redo in a more current language. So it is obvious that COBOL programs are everywhere, and more importantly our economic system depends on these COBOL applications. Almost all of the economic algorithms have been coded in COBOL, and programmers should not be required to code all of these COBOL applications from scratch. COBOL has proven to be an outstanding language for expressing business rules, manipulating the operational data that businesses depend on, and handling transactions...
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