Step 1: Understanding the Concept
Activity halves every half-life. A fall to \(\left(\frac14\right)\) of the original value takes two half-lives.
Step 2: Half-life
\[ 2T_{1/2}=4\ \text{days}\Rightarrow T_{1/2}=2\ \text{days} \]
Step 3: Number of half-lives in 16 days
\[ n=\frac{16}{2}=8 \]
Step 4: Activity
\[ \frac AA_0=\left(\frac12\right)^8=\frac1{256} \]
Step 5: Check the options
\(\frac1{16}\) would be after 4 half-lives (8 days). The value \(\frac1{256}\) is option (C). Another way: after 4 days it is \(\frac14\), after 8 days \(\frac1{16}\), after 12 days \(\frac1{64}\), after 16 days \(\frac1{256}\).
Final Answer:
Activity quarters every 4 days, so in 16 days it becomes 1/256 of the original, option (C).
\[ \boxed{\frac{1}{256}} \]