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\frac{7.14\times 10^{3}}{9000}
Multiply 7 and 1.02 to get 7.14.
\frac{7.14\times 1000}{9000}
Calculate 10 to the power of 3 and get 1000.
\frac{7140}{9000}
Multiply 7.14 and 1000 to get 7140.
\frac{119}{150}
Reduce the fraction \frac{7140}{9000} to lowest terms by extracting and canceling out 60.