Property
A place value chart is a useful way to summarize this information. The place values are separated into groups of three, called periods. The periods are ones, thousands, millions, billions, trillions, and so on. In a written number, commas separate the periods. The value of each place in the place-value chart is ten times the value of the place to the right of it.
Examples
- In the number 4,182,953, the digit 8 is in the ten thousands place, the 9 is in the hundreds place, and the 4 is in the millions place.
- For the number 71,205,639, the digit 7 is in the ten millions place, the 0 is in the ten thousands place, and the 3 is in the tens place.
- In 150,846,223, the digit 1 is in the hundred millions place, the 8 is in the hundred thousands place, and the 6 is in the thousands place.
Explanation
Place value tells you the 'true' value of a digit in a number. A 5 in the tens place is worth 50, but a 5 in the millions place is worth 5,000,000. It's all about location, location, location!