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The place value columns after the decimal point, starting form the one immediately to the right of the decimal point and going right, are: tenths, hundredths, thousandths, ... thus as the 2 is in the third place value column after the decimal point, it is in the thousandths column and represents two-thousandths (2/1000).

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Q: What does is the two represent 0.102 hundredths thousandths or ones?
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