Answer:
Yes.
Explanation:
This problem is a bit of a fudge, but multiplying the -1/8 by itself 8 times, for an answer of -24. In other words, the problem is re-written as
-24*-1*-1*-1...= 24p. The last multiplication cancels out with the first one since they have inverse signs and multiply to give a result of -12p or 12p if you're working in base 10 math.