In the first fraction, get rid of the decimals; they only complicate things.
In the second fraction, factor the polynomial denominator.
"Do" the multiplication and see if there are any common factors in the numerator and denominator. Unfortunately, the only common factor is 2.
I would leave the expression in this form. I think it is more "simplified" then if we perform the multiplications to get large polynomials in the numerator and denominator.