0.05 is five hundredths
If the point is your decimal, the zero in the tenths place and the five in the hundredths place, then "five hundredths" is all you need.
16.25
16.25
16.25
Five and seven hundredths in decimal form is 5.07
five and three hundredths in decimal = 5.03
five and six hundredths as a decimal = 5.06
Five hundredths = 0.05
five hundredths = 0.05
seventy-one and five hundredths as a decimal = 71.05
five and eighteen hundredths in decimal = 5.18