Let's work it out together.
Work through one checkpoint at a time. Your answer area opens after the reasoning.
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Checkpoint 1
The model divides one whole into 100 equal parts and selects 46 of them.
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Checkpoint 2
Write the tenths and hundredths digits so the two places name the selected hundredths.
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Checkpoint 3
Read the decimal as 46 hundredths and compare that name with the fraction.