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23\times 1000+37\times 10^{-2}
Calculate 10 to the power of 3 and get 1000.
23000+37\times 10^{-2}
Multiply 23 and 1000 to get 23000.
23000+37\times \frac{1}{100}
Calculate 10 to the power of -2 and get \frac{1}{100}.
23000+\frac{37}{100}
Multiply 37 and \frac{1}{100} to get \frac{37}{100}.
\frac{2300037}{100}
Add 23000 and \frac{37}{100} to get \frac{2300037}{100}.