Answer
$Area=length*width=\frac{225}{256} ~inches^2$
Work Step by Step
We know that the area of a rectangle is given by:
$Area=length*width$
$A=lw$
In this case, we have the length $15/16$ and width $15/16$ inches:
$A=lw$
$A=\frac{15}{16}\frac{15}{16}=\frac{15*15}{16*16}=\frac{225}{256} ~inches^2$