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\frac{2}{3}+\frac{1\times 1}{4\times 3}\times \frac{2}{3}-\frac{1}{2}
Multiply \frac{1}{4} times \frac{1}{3} by multiplying numerator times numerator and denominator times denominator.
\frac{2}{3}+\frac{1}{12}\times \frac{2}{3}-\frac{1}{2}
Do the multiplications in the fraction \frac{1\times 1}{4\times 3}.
\frac{2}{3}+\frac{1\times 2}{12\times 3}-\frac{1}{2}
Multiply \frac{1}{12} times \frac{2}{3} by multiplying numerator times numerator and denominator times denominator.
\frac{2}{3}+\frac{2}{36}-\frac{1}{2}
Do the multiplications in the fraction \frac{1\times 2}{12\times 3}.
\frac{2}{3}+\frac{1}{18}-\frac{1}{2}
Reduce the fraction \frac{2}{36} to lowest terms by extracting and canceling out 2.
\frac{12}{18}+\frac{1}{18}-\frac{1}{2}
Least common multiple of 3 and 18 is 18. Convert \frac{2}{3} and \frac{1}{18} to fractions with denominator 18.
\frac{12+1}{18}-\frac{1}{2}
Since \frac{12}{18} and \frac{1}{18} have the same denominator, add them by adding their numerators.
\frac{13}{18}-\frac{1}{2}
Add 12 and 1 to get 13.
\frac{13}{18}-\frac{9}{18}
Least common multiple of 18 and 2 is 18. Convert \frac{13}{18} and \frac{1}{2} to fractions with denominator 18.
\frac{13-9}{18}
Since \frac{13}{18} and \frac{9}{18} have the same denominator, subtract them by subtracting their numerators.
\frac{4}{18}
Subtract 9 from 13 to get 4.
\frac{2}{9}
Reduce the fraction \frac{4}{18} to lowest terms by extracting and canceling out 2.