Place value does not end, just like numbers. There are ones, tens, hundreds, thousands, and in the opposite direction there are tenths, hundredths, thousandths, etc.
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There is none. Place values go on forever.
Place value is were the number is located. Example: 210 the 1 is in the tens spot. The value of the digit is how large the number is. Example: 50 is larger than 5 There you go.
pi is endless! Edit: The value of Pi has so far been calculated to more than two million places.
Don't make it more complicated than it is. The place value is decided only by how far the digit is from the decimal point. It has nothing to do with what digit is in it.
The place value is ten times that of the place value to its right.