One thing that bothers me about this is you say "The Last Term (An) Is 0.5 = 31/16". Presumably you are aware the 0.5 is NOT equal to 21/16 so that cannot mean what you say. What did you mean by that? Is it possible that the first term is 1, the "common ratio" is 0.5 and thesumof the first M terms is 31/16?

If that is the case then you need to solve for M.