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\frac{16000.08}{10000}
Multiply 24 and 666.67 to get 16000.08.
\frac{1600008}{1000000}
Expand \frac{16000.08}{10000} by multiplying both numerator and the denominator by 100.
\frac{200001}{125000}
Reduce the fraction \frac{1600008}{1000000} to lowest terms by extracting and canceling out 8.