Find the median of the following set of fractions: {12,14,18,13}\{\frac{1}{2}, \frac{1}{4}, \frac{1}{8}, \frac{1}{3}\}{21,41,81,31}.
14\frac{1}{4}41
13\frac{1}{3}31
724\frac{7}{24}247
524\frac{5}{24}245