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\frac{1}{1000}\times \left(\frac{1}{5}\right)^{-3}
Calculate 10 to the power of -3 and get \frac{1}{1000}.
\frac{1}{1000}\times 125
Calculate \frac{1}{5} to the power of -3 and get 125.
\frac{1}{8}
Multiply \frac{1}{1000} and 125 to get \frac{1}{8}.