How far to the left or right of the decimal point it is. If there is no decimal point, it is "hiding" at the right hand end of the number after the last digit.
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In the number 4,567, the place value of the 4 is in the hundreds place. In the place value system, each digit's position determines its value based on powers of 10. The hundreds place represents the digit's value multiplied by 100.
The 5 digit in 769,853 has a value of 50
It determines how much that digit is worth. See this article on place value. http://www.aaamath.com/plc.htm
In the number 87145, the value of 8 is 8000. This is because the digit 8 is in the thousands place, which signifies 8 thousands. The place value of each digit in a number determines its worth in relation to the other digits.
Yes, roman numerals do have place value. Each letter in a roman numeral represents a specific value, and the placement of these letters determines their overall value. For example, in the numeral "XIV", the "X" represents 10, the "I" represents 1, and the "V" represents 5.