Place value - the value of where a _ is located in a number

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Place value - the value of where a digit is located in a number.

In a numeral, each digit has a specific value based on its position. For example, in the number 345, the digit 3 is in the hundreds place, so it represents 300, the digit 4 is in the tens place, representing 40, and the digit 5 is in the ones place, representing 5.