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\frac{0.04}{0.64}
Calculate 0.2 to the power of 2 and get 0.04.
\frac{4}{64}
Expand \frac{0.04}{0.64} by multiplying both numerator and the denominator by 100.
\frac{1}{16}
Reduce the fraction \frac{4}{64} to lowest terms by extracting and canceling out 4.