For the United States:
The period, or decimal as it's called in math, means the number is less than a whole number.
Examples:
3.45 means 3 pizzas and 45% of a Pizza.
$199.89 means 199 dollars and 89% of a dollar (89 cents).
In some European countries, the decimal is used as a comma and the comma as a decimal, but just focus on what it means in your math class.
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