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\frac{3.4}{100}
Multiply 4 and 0.85 to get 3.4.
\frac{34}{1000}
Expand \frac{3.4}{100} by multiplying both numerator and the denominator by 10.
\frac{17}{500}
Reduce the fraction \frac{34}{1000} to lowest terms by extracting and canceling out 2.