Identify decimal place value: Step 1: Identify the place value of the decimal. 0.34 has two decimal places, so it is equivalent to 10034. Calculation: 0.34=10034
Convert to fraction: Step 2: Simplify the fraction. 34 and 100 can both be divided by 2 to simplify the fraction. Calculation: (34÷2)/(100÷2)=17/50
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