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10^{-2}\times 1
To multiply powers of the same base, add their exponents. Add 1 and -3 to get -2.
\frac{1}{100}\times 1
Calculate 10 to the power of -2 and get \frac{1}{100}.
\frac{1}{100}
Multiply \frac{1}{100} and 1 to get \frac{1}{100}.