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There is no four hundredths place. There is a place for ten thousands, thousands, hundreds, tens, units, 0.1's, 0.01's etc... Notice that these are all numbers which begin with "1" and have a certain number of zero's afterwards, depending on what they represent. "4 hundredths" implies that there is a "4" in the one hundreds place, for "4 lots of one hundred".

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Q: Where is the 4 in hudrenths place?
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