1 1/4, 20/16, 30/24, 40/32 and so on.... 5/4 would have the lowest denominator. Multiplying numerator and denominator by the same number will give equivalent value fractions.
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9/12
Three eighths
yes
2 equivalent fractions for 7 eights = 14/16, 21/24
1/2 and 8/16