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\frac{1}{8}+\left(2+1\right)^{-1}\times 3\times 40^{-1}
Calculate 2 to the power of -3 and get \frac{1}{8}.
\frac{1}{8}+3^{-1}\times 3\times 40^{-1}
Add 2 and 1 to get 3.
\frac{1}{8}+\frac{1}{3}\times 3\times 40^{-1}
Calculate 3 to the power of -1 and get \frac{1}{3}.
\frac{1}{8}+40^{-1}
Multiply \frac{1}{3} and 3 to get 1.
\frac{1}{8}+\frac{1}{40}
Calculate 40 to the power of -1 and get \frac{1}{40}.
\frac{3}{20}
Add \frac{1}{8} and \frac{1}{40} to get \frac{3}{20}.