^^Nope, your prof is right...it's 1:3. Yes, there is 1/4 of the original amount (which is why your computation should have 1/4, ginaj), but the ratio of K40 to Ar40 is 1:3. Let's see why:
-After one halflife period, half of the K40 has decayed into Ar40, so it's 50% K40, 50% Ar40...namely, the ratio is 50:50, or 1:1
-After two halflife periods, there is now 25% of the original amount of K40, and 75% of it has decayed into Ar40...25:75, or 1:3.
Hope that helps!
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