### Instruction: What is the digit in the thousandths place of the decimal equivalent of $\frac{3}{16}$?### Response: To find the decimal equivalent of $\frac{3}{16}$, I need to divide 3 by 16.
I can do this by long division, or by using a calculator.
I'll use a calculator to save time.
I enter 3 divided by 16 and press equals.
I get 0.1875 as the decimal equivalent.
To find the digit in the thousandths place, I need to look at the third digit after the decimal point.
That is 7.
Therefore, the digit in the thousandths place of the decimal equivalent of $\frac{3}{16}$ is 7.