It is: 1/1000 = .001 or 0.001
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0.000 000 000 001 of a second.
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.
It is 12 because 001 is the same as 1
.001
one-thousandth of one percent