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Write a short program that allows the user to enter the year that they were born (as an integer) and outputs the age that they will be at the end of this year. Declare the current year as a constant.
Zero Coupon Bonds
Bonds sold at a discount that pay no periodic interest payments but are redeemed at their face value at maturity, providing a fixed return to investors.
Factoring Receivables
Factoring receivables is a financial transaction where a business sells its accounts receivable to a third party at a discount to get immediate cash.
Short-Term Credit
Borrowings taken by a company to fulfill its short-term financial needs, typically repaid within a year.
Blanket Inventory Lien
A legal claim on all inventory items of a borrower by a lender as collateral for a loan.
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