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Answer: C) Move it 3 places to the left

Explanation:

We're dividing the number [tex]34.62[/tex] by [tex]10^3[/tex], which is the same as dividing by 1000.

The exponent 3 tells us how many spots to move the decimal point. We move to the left because the number gets smaller. If we multiplied by [tex]10^3[/tex], then we'd move the decimal point 3 spots to the right.

So, [tex]34.62 \div 10^3 = 34.62 \div 1000 = 0.03462[/tex]