Aly calls your bank and wants a more detailed explanation of how you are calculating interest on her savings account. She asks what the value of the digit 4 represents in her account balance of $293.145. How can you best explain this to her?
A. The digit 4 represents four hundreds because the 4 is in the hundreds place.
B. The digit 4 represents four tens because the 4 is in the tens place.
C. The digit 4 represents four-tenths of a dollar because the 4 is in the tenths place.
D. The digit 4 represents four-hundredths of a dollar because the 4 is in the hundredths place.
E. The digit 4 represents four-thousandths of a dollar because the 4 is in the thousandths place.

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