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-\frac{1}{11.96+4}
Multiply 4 and 2.99 to get 11.96.
-\frac{1}{15.96}
Add 11.96 and 4 to get 15.96.
-\frac{100}{1596}
Expand \frac{1}{15.96} by multiplying both numerator and the denominator by 100.
-\frac{25}{399}
Reduce the fraction \frac{100}{1596} to lowest terms by extracting and canceling out 4.