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The place value of 0 in 2607 is 0. In this number, 0 represents no additional value in the thousands place.
Zero hundreds
Place value 0 in tens place is always 0 because 0 has no value.
It's in the hundreds place and it tells you that there are no hundreds in this particular number
The Arabs originally invented the number 0 and the concept of using it to hold place value, during the middle ages. That is why 0-9 are called Arabic numerals.