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\frac{106}{104}\times 0.4
Expand \frac{1.06}{1.04} by multiplying both numerator and the denominator by 100.
\frac{53}{52}\times 0.4
Reduce the fraction \frac{106}{104} to lowest terms by extracting and canceling out 2.
\frac{53}{52}\times \frac{2}{5}
Convert decimal number 0.4 to fraction \frac{4}{10}. Reduce the fraction \frac{4}{10} to lowest terms by extracting and canceling out 2.
\frac{53\times 2}{52\times 5}
Multiply \frac{53}{52} times \frac{2}{5} by multiplying numerator times numerator and denominator times denominator.
\frac{106}{260}
Do the multiplications in the fraction \frac{53\times 2}{52\times 5}.
\frac{53}{130}
Reduce the fraction \frac{106}{260} to lowest terms by extracting and canceling out 2.