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.
1. Convert some common fractions you use regularly into decimals. You can do this by dividing the numerator by the denominator (the top number by the bottom number), as was done in the second part of this article. 1  Some basic fraction to decimal conversions you should know by heart are 1/4 = .25, 1/2 = .5, and 3/4 = .75. If you are trying to convert 1/5 to a fraction with a denominator of 10, you would multiply it by 2/2. 2  The result would be 2/10. 3  To multiply two fractions simply multiply straight across. 4  Multiply both numerators together and make the result the numerator of the answer.