Chapter 1 - Foundations for Algebra - 1-2 Order of Operations and Evaluating Expressions - Practice and Problem-Solving Exercises - Page 13: 14

$\frac{1}{16}$

We expand the exponent: $(\frac{1}{2})^4=\frac{1}{2}\times\frac{1}{2}\times\frac{1}{2}\times\frac{1}{2}$ We multiply the numerators and the denominators: $\frac{1}{2}\times\frac{1}{2}\times\frac{1}{2}\times\frac{1}{2}=\frac{1}{16}$