8.466666666666666 milllimetres
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0.015 inch
If you mean 1/16 of an inch then as a decimal it is 0.0625
One third of a pound in decimals is approximately 0.333 pounds. This is derived from dividing 1 pound by 3, which equals 0.333 repeating.
you've answered your own question here... it is precisely 1/3 of an inch or just under 8.5 mm
7/3 = 2.3333 repeating