You write it as 0.004 because to the left of the decimal point is ones, to the first zero to the right of the decimal point is tenths, to the second zero to the right of the decimal point is hundredths, and so on.
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407 thousandths = 0.407
4/1000 as a decimal is 0.004 4/10 as a decimal is 0.4
0.004
To write 4 hundred thousandths in standard form, you first convert the fraction to a decimal. 4 hundred thousandths is equal to 0.004 in decimal form. In standard form, you express this decimal as 4 x 10^-3, where 10^-3 represents the thousandths place value.
As a decimal, 75 thousandths is .075