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1000-10^{-2}
Calculate 10 to the power of 3 and get 1000.
1000-\frac{1}{100}
Calculate 10 to the power of -2 and get \frac{1}{100}.
\frac{99999}{100}
Subtract \frac{1}{100} from 1000 to get \frac{99999}{100}.