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\frac{0.935}{1+0.065}
Subtract 0.065 from 1 to get 0.935.
\frac{0.935}{1.065}
Add 1 and 0.065 to get 1.065.
\frac{935}{1065}
Expand \frac{0.935}{1.065} by multiplying both numerator and the denominator by 1000.
\frac{187}{213}
Reduce the fraction \frac{935}{1065} to lowest terms by extracting and canceling out 5.