(b) $\frac{N}{N_{0}} = \left( \frac{1}{2} \right)^{t/T_{1/2}} \Rightarrow \left( \frac{1}{16} \right) = \left( \frac{1}{2} \right)^{120/T_{1/2}}$
$\left( \frac{1}{2} \right)^{4} = \left( \frac{1}{2} \right)^{120/T_{1/2}} \Rightarrow 4 = \frac{120}{T_{1/2}} \Rightarrow T_{1/2} = 30$