Answer
Total amount earned after 16 years = $93649
Explanation:
The principal, P = $50,000
Interest rate, r = 4% = 4/100
r = 0.04
The time, t = 16 years
Number of times intesrest is compounded per year, n = 1
Total amount is calculated below:

Total amount earned after 16 years = $93649
1 1/2 can be rewritten as 3/2
Difference means subtraction
So we do:
3/2-1/4
To get the same denominator, we can multiply the first fraction by 2
6/4-1/4
Then we subtract the numerators and leave the denominator
So the final answer is 5/4 of 1 1/4
Hope this helps
6.8 is what i got for the answer