Pi has an infinite amount of decimal places (that means that the numbers go on and on, into infinity) a more basic example of this is 10 divided by 3. The answer is 3.33333333... and the 3s will go on forever if you try to write all of them down.
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An infinite number.
It is: pi = 3.14 in two decimal places
It is: 3.1415927 is the value of pi when rounded to 7 decimal place
3.14159
3.1415926535897932384626433832795028841971693993751058209749445923078164062862089986280348253421170679821480865132823066470938446095505822317253594081284811174502