1 Thousandth
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.000 .001 - one thousandth
21.01 Think of the decimal as a fraction. The .01 could go up to .99 before it turns into a 1, so that is hundredths. Thousandths would be .001, because .001 would go up to .999 before it turns into a 1.
Look at the progression as we move decimal point to the right.1 = One.1 = One tenth.01 = One hundredth.001 = One thousandth.0001 = One ten thousandth.0007 = Seven ten thousandths
It is: 1/1000 = .001 or 0.001
It is 12 because 001 is the same as 1