The Product of the Place Value of 2 in 26723

To find the product of the place value of 2 in the number 26723, we need to understand the concept of place value and how it relates to multiplication. Place value is the value assigned to each digit in a number based on its position.

In the number 26723, the digit 2 is in the thousands place. The place value of 2 in the thousands place is 2000.

Understanding Place Value

To understand place value, let's break down the number 26723:

- The digit 2 is in the thousands place, which means its place value is 2000.
- The digit 6 is in the hundreds place, which means its place value is 600.
- The digit 7 is in the tens place, which means its place value is 70.
- The digit 2 is in the ones place, which means its place value is 2.
- The digit 3 is in the tenths place, which means its place value is 0.3.

Finding the Product

Now that we know the place value of 2 in the number 26723 is 2000, we can find the product by multiplying 2 with its place value:

2 x 2000 = 4000

Therefore, the product of the place value of 2 in the number 26723 is 4000.

Conclusion

In conclusion, the product of the place value of 2 in the number 26723 is 4000. This means that if we multiply 2 with its place value of 2000, we get a product of 4000. Understanding place value is important in mathematics as it helps us understand the value of each digit in a number and perform various operations like addition, subtraction, multiplication, and division.