Answer
$\frac{9}{64}$
Work Step by Step
$(\frac{3}{4}+\frac{1}{8})^{2}-(\frac{1}{2}+\frac{1}{8})$
$=(\frac{6}{8}+\frac{1}{8})^{2}-(\frac{4}{8}+\frac{1}{8})$
$=(\frac{7}{8})^{2}-\frac{5}{8}$
$=(\frac{7}{8}\times\frac{7}{8})-\frac{5}{8}$
$=\frac{49}{64}-\frac{5}{8}$
$=\frac{49}{64}-\frac{40}{64}$
$=\frac{9}{64}$