The question is $x^4 = \frac{1}{16}, x\in\mathbb C$.
So, after solving this, my answer was different than my other classmates.
Let's just check the first root:
Person 1
$x_0 = (\frac{1}{16})^\frac{1}{4}e^{\frac{π}{8}i}$
Person 2
$x_0 = 1^{\frac{1}{4}}e^{\frac{π}{4}i}$
Me
$x_0 = (\frac{1}{16})^\frac{1}{4}e^{i0}$
So, which answer is the right one?
The equation is a quartic, which means that there are 4 roots in the complex numbers. In fact, the 4 roots are \begin{align}\frac 12,\;\frac i2,\;-\frac12,\;-\frac i2\end{align}
In general, for equations of the form $$x^n=re^{i\theta}$$The $n$ roots are (for $k$ ranging from $0$ to $n-1$)$$\alpha\cdot e^{\frac in\cdot(2\pi k+\theta)}$$where $\alpha$ is the positive real $n$th root of $r$.