Convert Decimal 7.03: Finding Equivalent Number Representations

To convert the decimal number $7.03$ into a mixed fraction, follow these steps:

Step 1: Identify the whole number and the decimal part.
The whole number is $7$, and the decimal part is $0.03$.

Step 2: Convert the decimal part to a fraction.
The decimal $0.03$ can be represented as a fraction. Since it is in the hundredths place, it is expressed as $\frac{3}{100}$.

Step 3: Combine the whole number and the fraction.
The mixed number becomes $7 \frac{3}{100}$.

Therefore, the correct answer is the mixed fraction $7 \frac{3}{100}$.