A decimal representation is considered finite, or exact, if its digits cease after a certain point, meaning it does not continue infinitely. These decimals can be expressed as a fraction where the denominator is a power of ten. For example, 0.75 is a finite decimal. It represents three-quarters and can be written as 75/100, which simplifies to 3/4.
The significance of these finite representations lies in their ease of use for calculations and conversions. They provide precise values without the approximations inherent in recurring or irrational numbers. Historically, understanding these representations has been crucial in developing accurate measurement systems and computational methods, facilitating advancements in science, engineering, and finance. Their predictability simplifies complex mathematical operations and allows for reliable results.