Verified answer

(4 1/12 * 1 5/7 - 5 2/9) * 3/8 = 2/3

1) 4 1/12 * 1 5/7 = 49/12 * 12/7 = 7

2) 7 - 5 2/9 = 6 9/9 - 5 2/9 = 1 7/9

3) 1 7/9 * 3/8 = 16/9 * 3/8 = 2/3