0.7 percent in decimal form is 0.007. The reduced fraction is 7/1000
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7% = .07 = 7/100
7% is the same as 7/100 which is .07
Convert 7 to a decimal. .07 times 89,000 = 6,230
fraction which is equivalent to 0.7 = 7/10
Multiply by .07 (multiply by 7 to get 140, then move the decimal 2 places to the left) to get 1.40.