The digit 1 is in the thousandths place.
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one thousandth.
30 * 0001 = 30
0.001 = one thousandth.
0.001 = 0.001
.1 = 1 tenth .01 = 1 one-hundredth .001 = 1 one-thousandth .0001 = 1 ten-thousandth .00001 = 1 one-hundred-thousandth