To find the minimum length of the bolt, we first need to calculate the total thickness of the plywood, washers, and nut.
- Thickness of plywood: \( \frac{3}{4} \) inch
- Thickness of two washers: Each washer is \( \frac{3}{16} \) inch. Since there are two washers, the total thickness is: \[ 2 \times \frac{3}{16} = \frac{6}{16} = \frac{3}{8} \text{ inch} \]
- Thickness of nut: \( \frac{1}{16} \) inch
Now, sum these thicknesses: \[ \text{Total thickness} = \frac{3}{4} + \frac{3}{8} + \frac{1}{16} \]
To add these fractions, we first convert them to a common denominator. The least common multiple (LCM) of 4, 8, and 16 is 16.
Convert each fraction to the common denominator of 16:
- \( \frac{3}{4} = \frac{12}{16} \)
- \( \frac{3}{8} = \frac{6}{16} \)
- \( \frac{1}{16} = \frac{1}{16} \)
Now, add these fractions: \[ \text{Total thickness} = \frac{12}{16} + \frac{6}{16} + \frac{1}{16} = \frac{19}{16} \text{ inch} \]
Next, we need the main body of the bolt to be \( \frac{1}{2} \) inch longer than the total thickness:
- \( \frac{1}{2} \) inch in terms of sixteenths is \( \frac{8}{16} \) inch.
Thus, the length of the bolt should be: \[ \text{Minimum length of the bolt} = \text{Total thickness} + \frac{1}{2} = \frac{19}{16} + \frac{8}{16} = \frac{27}{16} \text{ inch} \]
Finally, we can convert \( \frac{27}{16} \) inch to a mixed number: \[ \frac{27}{16} = 1 \frac{11}{16} \text{ inch} \]
Therefore, the minimum length of the bolt is: \[ \boxed{1 \frac{11}{16}} \text{ inch} \]