Simplify Each of the Following $\left(\frac{9}{16}-\frac{5}{12}\right)+\left(\frac{1}{3}\right)^{2}$

Short Answer

Simplify each of the following. Use the order of operations as needed.
- $\left(\frac{9}{16}-\frac{5}{12}\right)+\left(\frac{1}{3}\right)^{2}$