A fraction is written in terms of two parts: the number on top is called the numerator and the number on the bottom is called the denominator. We can use the division method to solve this question. To get a decimal, simply divide the numerator 16 by the denominator 1000:
16 (numerator) ÷ 1000 (denominator) = 0.02
As a result, you get 0.02 as your answer when you convert 16/1000 to a decimal.