7.375 times.
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To find out how many times 16 goes into 118, you divide 118 by 16. The quotient is the number of times 16 goes into 118 without leaving a remainder. In this case, 16 goes into 118 seven times, with a remainder of 6.
Oh, dude, let me grab my calculator for this intense math problem. So, like, 16 goes into 118 around 7 times. But hey, who's counting? Math is hard, man.