Identify the place value of each digit in the number 27.4359 .
Recognize that the digit 3 is in the hundredths place.
Determine that the place value of 3 is 0.03 .
State the final answer: 0.03 .
Explanation
Understanding Place Value We are asked to find the place value of the digit 3 in the number 27.4359. The place value of a digit is the value it represents based on its position in the number.
Identifying Place Values In the number 27.4359, the digits are as follows:
2 is in the tens place (20)
7 is in the ones place (7)
4 is in the tenths place (0.4)
3 is in the hundredths place (0.03)
5 is in the thousandths place (0.005)
9 is in the ten-thousandths place (0.0009)
Determining the Place Value of 3 Therefore, the digit 3 is in the hundredths place, which means its place value is 0.03.
Final Answer The place value of the 3 in 27.4359 is 0.03 .
Examples
Understanding place value is crucial in everyday situations, such as managing finances. For instance, when dealing with amounts like $27.43, knowing that the 3 represents 3 cents helps in accurately calculating expenses or savings. This concept extends to larger numbers, aiding in tasks like budgeting or understanding interest rates, where each digit's place value plays a significant role in financial planning and decision-making.