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\frac{2^{32}}{2^{8}\times 3}-\frac{1}{4}
To raise a power to another power, multiply the exponents. Multiply 4 and 8 to get 32.
\frac{2^{24}}{3}-\frac{1}{4}
Cancel out 2^{8} in both numerator and denominator.
\frac{16777216}{3}-\frac{1}{4}
Calculate 2 to the power of 24 and get 16777216.
\frac{67108861}{12}
Subtract \frac{1}{4} from \frac{16777216}{3} to get \frac{67108861}{12}.