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\frac{1}{3}\times \frac{2}{3}\times \frac{1}{4}
Multiply 1 and \frac{1}{3} to get \frac{1}{3}.
\frac{1\times 2}{3\times 3}\times \frac{1}{4}
Multiply \frac{1}{3} times \frac{2}{3} by multiplying numerator times numerator and denominator times denominator.
\frac{2}{9}\times \frac{1}{4}
Do the multiplications in the fraction \frac{1\times 2}{3\times 3}.
\frac{2\times 1}{9\times 4}
Multiply \frac{2}{9} times \frac{1}{4} by multiplying numerator times numerator and denominator times denominator.
\frac{2}{36}
Do the multiplications in the fraction \frac{2\times 1}{9\times 4}.
\frac{1}{18}
Reduce the fraction \frac{2}{36} to lowest terms by extracting and canceling out 2.