Answer:
This is a complete lesson with instruction & exercises for 5th grade about multiplying decimals by decimals. The interpretation for multiplying a decimal by a decimal is to think of it as taking a fractional part of a decimal number (the symbol × translates to "of"). The lesson compares multiplication by a decimal to scaling & shrinking a stick. Lastly, it shows the common shortcut to decimal multiplication (multiply as if there were no decimal points; the answer has as many decimals as the factors have in total.)
In the video below, I explain the rule for multiplying decimals (put as many decimal digits in the answer as there are in the factors.) I explain where this rule comes from, using fraction multiplication. The lesson continues below the video.