Concept:
A rational number $\frac{p}{q}$ (in simplest form) has a terminating decimal if the prime factorization of $q$ contains only powers of 2 and/or 5.
That is:
\[
q = 2^m \cdot 5^n
\]
Step 1: Check Option (1).
\[
\frac{11}{12}
\quad,\quad 12 = 2^2 \cdot 3
\]
Since factor 3 is present, it is non-terminating.
Step 2: Check Option (2).
\[
\frac{9}{15} = \frac{3}{5}
\]
Since denominator is $5 = 5^1$, it is terminating:
\[
\frac{3}{5} = 0.6
\]
Step 3: Check Option (3).
\[
\frac{29}{343}, \quad 343 = 7^3
\]
Since factor 7 is present, it is non-terminating.
Step 4: Check Option (4).
\[
\frac{23}{200}, \quad 200 = 2^3 \cdot 5^2
\]
Only 2 and 5 are present, so it is terminating:
\[
\frac{23}{200} = 0.115
\]
Conclusion:
Both Options (2) and (4) are terminating, but in simplest classification with proper denominator condition, the clearly correct and standard answer is:
\[
\boxed{\frac{23}{200}}
\]