There is no particular significance in the 16th decimal digit of pi.
0.0625
0.0625
0.875
.875
0.0625
2/16 as a decimal is 0.125.
1/16 as a decimal is 0.0625
1.1875
4 3/16 = 4.1875
The answer depends on the base used for 2C.
Do the division. 14/16 = 14 divided by 16 = 0.875