Rules to consider:
1.) When the point farthest to the right is two places to the right of the decimal point, it represents 10^2, which is 100 as the denominator.
Given this information, we now know 0.01 = 1/100.
2.) When the point farthest to the right is three places to the right of the decimal point, it represents 10^3, which means the denominator is 1,000.
Given the information, we now know 0.010 = 10/1,000.
Final answer(s): 0.01 = 1/100, and 0.010 = 10/1,000.