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A Null Value Is a Special Field Value,similar to a Zero,blank,or

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A null value is a special field value,similar to a zero,blank,or any other value,that indicates that the value for the field is missing or otherwise unknown.


Definitions:

Cash Value

The value of the investment portion of a whole life insurance policy.

S&P 500

A stock market index that measures the stock performance of 500 of the largest companies listed on stock exchanges in the United States.

Pre-Tax Retirement Account

A savings account designed for retirement that allows individuals to contribute pre-tax income, with taxes deferred until withdrawal.

Compounded Monthly

The process of adding interest to the principal sum of a loan or deposit, where the interest is calculated on a monthly basis.

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