The place value of each digit in the number 12,354.897 is as follows:
- The digit 1 is in the ten thousands place.
- The digit 2 is in the thousands place.
- The digit 3 is in the hundreds place.
- The digit 5 is in the tens place.
- The digit 4 is in the ones place.
- The digit 8 is in the tenths place.
- The digit 9 is in the hundredths place.
- The digit 7 is in the thousandths place.