Answer
$=\frac{b-1}{3b+3}$
with $b \ne -1$
Work Step by Step
$\frac{4b-1}{\frac{b^2+2b+1}{\frac{12b-3}{b^2-1}}}$
$=\frac{4b-1}{(b+1)^2}\times\frac{(b-1)(b+1)}{3(4b-1)}$
$=\frac{b-1}{3(b+1)}$
$=\frac{b-1}{3b+3}$
with $b \ne -1$
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