In North Carolina this form is used as a Dealer Reassigment of ownership. This means when a Dealer buy a car from a person or another dealer and then they re-sale the vehicle to another person or dealer. With this form the dealer does not have to register the vehicle on their name before selling it.
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.2 is 20% so in fraction form is 2 over 10 or simplified 1 over 5
15.5 is a fraction. It is a fraction in decimal form rather than in the form of a ratio. However, that does not stop it being a fraction. And, since it is a decimal fraction, there is not another simpler decimal form. Its equivalent, in rational form, is 155/10 which can be simplified to 31/2.
2(a+b) is 2a plus 2b in factored form.
The improper fraction 8/4 is 2 in simplest form.
1 2 in decimal form is 0.50.