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-\frac{1}{8}-\frac{\left(\frac{\left(\frac{1}{2}\right)^{2}}{-1}-\frac{1}{16}\right)\left(-2\right)}{\left(-1\right)^{2012}}
Calculate -\frac{1}{2} to the power of 3 and get -\frac{1}{8}.
-\frac{1}{8}-\frac{\left(\frac{\frac{1}{4}}{-1}-\frac{1}{16}\right)\left(-2\right)}{\left(-1\right)^{2012}}
Calculate \frac{1}{2} to the power of 2 and get \frac{1}{4}.
-\frac{1}{8}-\frac{\left(\frac{1}{4\left(-1\right)}-\frac{1}{16}\right)\left(-2\right)}{\left(-1\right)^{2012}}
Express \frac{\frac{1}{4}}{-1} as a single fraction.
-\frac{1}{8}-\frac{\left(\frac{1}{-4}-\frac{1}{16}\right)\left(-2\right)}{\left(-1\right)^{2012}}
Multiply 4 and -1 to get -4.
-\frac{1}{8}-\frac{\left(-\frac{1}{4}-\frac{1}{16}\right)\left(-2\right)}{\left(-1\right)^{2012}}
Fraction \frac{1}{-4} can be rewritten as -\frac{1}{4} by extracting the negative sign.
-\frac{1}{8}-\frac{\left(-\frac{4}{16}-\frac{1}{16}\right)\left(-2\right)}{\left(-1\right)^{2012}}
Least common multiple of 4 and 16 is 16. Convert -\frac{1}{4} and \frac{1}{16} to fractions with denominator 16.
-\frac{1}{8}-\frac{\frac{-4-1}{16}\left(-2\right)}{\left(-1\right)^{2012}}
Since -\frac{4}{16} and \frac{1}{16} have the same denominator, subtract them by subtracting their numerators.
-\frac{1}{8}-\frac{-\frac{5}{16}\left(-2\right)}{\left(-1\right)^{2012}}
Subtract 1 from -4 to get -5.
-\frac{1}{8}-\frac{\frac{-5\left(-2\right)}{16}}{\left(-1\right)^{2012}}
Express -\frac{5}{16}\left(-2\right) as a single fraction.
-\frac{1}{8}-\frac{\frac{10}{16}}{\left(-1\right)^{2012}}
Multiply -5 and -2 to get 10.
-\frac{1}{8}-\frac{\frac{5}{8}}{\left(-1\right)^{2012}}
Reduce the fraction \frac{10}{16} to lowest terms by extracting and canceling out 2.
-\frac{1}{8}-\frac{\frac{5}{8}}{1}
Calculate -1 to the power of 2012 and get 1.
-\frac{1}{8}-\frac{5}{8}
Anything divided by one gives itself.
\frac{-1-5}{8}
Since -\frac{1}{8} and \frac{5}{8} have the same denominator, subtract them by subtracting their numerators.
\frac{-6}{8}
Subtract 5 from -1 to get -6.
-\frac{3}{4}
Reduce the fraction \frac{-6}{8} to lowest terms by extracting and canceling out 2.