Answer
$3\frac{13}{16}$
Work Step by Step
We combine the fractions by finding the LCD and simplify if necessary:
$8\frac{1}{4}=7\frac{20}{16}$
$4\frac{7}{16}=4\frac{7}{16}$
$7\frac{20}{16}-4\frac{7}{16}=3\frac{13}{16}$
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