Solve -(1+0.05/12)

$$- ( 1 + \frac { 0.05 } { 12 } )$$

Evaluate

$$-\frac{241}{240}\approx -1.004166667$$

Solution Steps

Expand \frac{0.05}{12} by multiplying both numerator and the denominator by 100.

$$-\left(1+\frac{5}{1200}\right)$$

Reduce the fraction \frac{5}{1200} to lowest terms by extracting and canceling out 5.

$$-\left(1+\frac{1}{240}\right)$$

Convert 1 to fraction \frac{240}{240}.

$$-\left(\frac{240}{240}+\frac{1}{240}\right)$$

Since \frac{240}{240} and \frac{1}{240} have the same denominator, add them by adding their numerators.

$$-\frac{240+1}{240}$$

Add 240 and 1 to get 241.

$$-\frac{241}{240}$$

Factor

$$-\frac{241}{240} = -1\frac{1}{240} = -1.0041666666666667$$