16 or 1, depending.

According to PEMDAS, parentheses come first: 8 ÷ 2 (4)

Then, even though multiplication is first in PEMDAS, you go left to right: 4 (4) = 16

If you got 1, you’re in good company. That’s what I got at first too but most calculators I’ve tried get 16.

I found this at Popular Mechanics and the debate continues online.