## Elementary Algebra

$\frac{11}{48}$
First, we will find the LCM of the two denominators. Upon inspection, we find that the LCM is 48 as it is the lowest number that is a multiple of both 12 and 16. Therefore, $\frac{5}{12}-\frac{3}{16}=\frac{5(4)-3(3)}{48}$ Now, we will simplify the expression: Step 1: $\frac{5(4)-3(3)}{48}$ Step 2: $\frac{20-9}{48}$ Step 3: $\frac{11}{48}$