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Multiply as though they were both whole numbers. Place the decimal point in the product by counting the number of decimal places in each factor.
0.0030018
Before we find the exact product, we can estimate the multiplication by rounding the decimal numbers. We will round 1.0006 to 1 and 0.003 to 0 because these are the closest whole numbers.
1 * 0 = 0
Then we place the decimal point in the product by counting the number of decimal places in each factor.
The product of 1.0006 and 0.003 is 0.0030018. This is pretty close to our estimate of 0!