Step 1:
The first step to converting 7062.416 to a fraction is to re-write 7062.416 in the form p/q where p and q are both positive integers. To start with, 7062.416 can be written as simply 7062.416/1 to technically be written as a fraction.
Step 2:
Next, we will count the number of fractional digits after the decimal point in 7062.416, which in this case is 3. For however many digits after the decimal point there are, we will multiply the numerator and denominator of 7062.416/1 each by 10 to the power of that many digits. So, in this case, we will multiply the numerator and denominator of 7062.416/1 each by 1000:
Step 3:
Now the last step is to simplify the fraction (if possible) by finding similar factors and cancelling them out, which leads to the following answer for 7062.416 as a fraction:
84749/12 / 1