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\left(76\times \frac{1}{250}\right)^{2}
Reduce the fraction \frac{16}{4000} to lowest terms by extracting and canceling out 16.
\left(\frac{38}{125}\right)^{2}
Multiply 76 and \frac{1}{250} to get \frac{38}{125}.
\frac{1444}{15625}
Calculate \frac{38}{125} to the power of 2 and get \frac{1444}{15625}.