A rent-to-own house agreement typically involves an option fee. The option fee is usually between 1 percent to 5 percent of the sale price. In a rent-to-own agreement, the owner and the tenant(s) pre-negotiate a future sale price. For instance, the market value of the home may be $150,000 when you sign the agreement.
Step 1: Write down the decimal divided by 1, like this: decimal/1. Step 2: Multiply both top and bottom by 10 for every number after the decimal point.(For example, if there are two numbers after the decimal point, then use 100, if there are three then use 1000, etc.).Step 3: Simplify (or reduce) the fraction.tep 1: Write down the decimal divided by 1, like this: decimal/1. Step 2: Multiply both top and bottom by 10 for every number after the decimal point.
Thus, a common fraction can be changed to a decimal if it can be reduced to a fraction having a power of 10 for a denominator. If the denominator of the common fraction in its lowest terms is made up Of the prime factors 2 or 5 or both, the fraction can be converted to an exact decimal.If some other prime factor is present, the fraction cannot be converted exactly.ikewise, 0.77 is written. but this is in lowest terms 60 the fraction cannot be further reduced. SOLUTION: Complex decimals are changed to common fraction6 by first writing out the numerator and denominator in full and then reducing the resulting complex fraction in the usual way.