1. **Problem:** Express the decimal number 263.271 in a place value grid and write the place value of the underlined digit (assuming the underlined digit is 7). 2. **Place Value Grid:** | Hundreds | Tens | Ones | Decimal Point | Tenths | Hundredths | Thousandths | |----------|------|------|---------------|--------|------------|-------------| | 2 | 6 | 3 | . | 2 | 7 | 1 | 3. **Place Value of 7:** The digit 7 is in the hundredths place. 4. **Explanation:** The place value of a digit in a decimal number depends on its position relative to the decimal point. The first digit to the right of the decimal is tenths, the second is hundredths, and so on. **Final answer:** The place value of 7 is $\frac{7}{100}$ or seven hundredths.