1.075
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Oh, dude, you write 0.875 in word form as "eight hundred seventy-five thousandths." It's like saying, "Hey, this number has eight hundreds, seven tens, and five ones divided into ten parts each." Easy peasy, right?
5.055 is five and fifty five thousandths.
Like this:3.374 = "Three and three hundred seventy-four thousandths".
Eight-hundred and seventy-five and forty-eight hundredths. Alternatively: eight-hundred and seventy-five point four eight. Or, in currency (e.g., Sterling): eight-hundred and seventy-five pounds and forty-eight pence.
Oh, what a happy little question! To write five hundred thousandths as a decimal, you simply move the decimal point three places to the left. So, five hundred thousandths is written as 0.500. Just like that, you've created a beautiful decimal that captures the essence of five hundred thousandths.