Answer
The sum converges and equals to $\frac{3}{20}=0.15$.
Work Step by Step
In a geometric series the ratio between consecutive terms is constant. In order to find this ratio, we simply divide two consecutive terms: $r=\frac{a_2}{a_1}=\frac{-\frac{1}{6}}{\frac{1}{4}}=-\frac{4}{6}=-\frac{2}{3}$
The sum of an infinite geometric series exists only if $\mid r\mid<1$, here it is true. Therefore the sum converges.
The sum of an infinite geometric series is:
$S_\infty=\frac{a_1}{1-r}$ where $a_1$=first term and $r$=common ratio
The given series has $a_1=\frac{1}{4}$ and $r=-\frac{2}{3}$.
Thus,
$S_\infty=\frac{\frac{1}{4}}{1-(-\frac{2}{3})}=\frac{\frac{1}{4}}{\frac{5}{3}}=\frac{3}{20}=0.15$