Convert Decimal to Fraction: Finding the Fraction Equal to 0.07

To solve this problem, we'll follow these steps:

• Step 1: Identify the decimal place value.
• Step 2: Write the decimal as a fraction based on the place value.
• Step 3: Check if the fraction can be simplified.

Now, let's work through each step:
Step 1: The given decimal is 0.07. The digit 7 is in the hundredths place, which indicates that the denominator should be 100.
Step 2: We write 0.07 as a fraction: $\frac{7}{100}$.
Step 3: Check for simplification. The fraction $\frac{7}{100}$ is already in its simplest form since 7 is a prime number and cannot be divided further by 100.

Thus, the fraction form of 0.07 is $\frac{7}{100}$.

Considering the multiple-choice options:

• Choice 1: $\frac{7}{10}$ - Incorrect, as this corresponds to the decimal 0.7.
• Choice 2: $\frac{7}{1000}$ - Incorrect, as this corresponds to the decimal 0.007.
• Choice 3: $\frac{7}{100}$ - Correct, as this matches the calculation we performed.
• Choice 4: $\frac{70}{100}$ - Incorrect, as this can be simplified to $\frac{7}{10}$.

Therefore, the correct answer is $\frac{7}{100}$, corresponding to choice 3.