An update for those that may be in the same situation:
The lowrance does not have a degrees decimal setting, but it has degrees. This setting only has 5 places after the decimal point and the coordinates I received have 6 places after the decimal point.
So, I chose the degrees format and entered the coordinates without the last digit. I checked a couple of spots with my down imaging and I think I saw the fish attractors. There weren't any fish around the couple I checked, so I'm guessing what I saw is the attractor.
This is what my degrees input looks like:
Do you think entering the coordinates without the 6th digit works fine?