When we’re dealing with decimal numbers, rounding is an important tool that we need to know how to use. When we round, we always round to a certain decimal place.
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When we talk about place value, we’re talking about the value of the location of a particular digit within a given number (the value of the place where that digit is located within that number). Given any decimal number, place value is what allows us to easily say where each digit of the number is located.
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