In the decimal number .98703, what place value does the 0 holdd

When y’all answer can y’all explain too !

For what type of equity loan are you lent a lump sum, which is to be paid within a certain period of time? a. a line of credit b. equity c. a second mortgage d. an amortization

Last one and the bottom answer choice is y=(x-4)^2+1 you guys!