It is 0.017
Think of it as follows:
One tenth = 0.1
One hundredth = 0.01
One thousandth = 0.001
So, 17 times one thousandth = 0.017
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0.0717 is seven hundred seventeen ten-thousandths in standard form.
Five hundred seventeen ten-thousandths in standard form is 0.0517
0.0017
That is the correct spelling for the numeral 49.017 ("forty-nine and seventeen thousandths").
17.050