Evaluate. Write your answer as a decimal or whole number. \( (0.03)^{3}=\square \)

To evaluate \( (0.03)^{3} \), you multiply \( 0.03 \) by itself three times: \( 0.03 \times 0.03 \times 0.03 = 0.000027 \). Thus, \( (0.03)^{3} = 0.000027 \). For a bit of fun, did you know that the decimal 0.03 is the same as 3/100? This means when you’re working with it algebraically, you’re essentially playing around with fractions! It makes decimals a little less daunting when you realize they are just another way of representing parts of whole numbers. Also, if you're curious about how powers of decimals work, remember that raising a decimal number between 0 and 1 to a positive integer will always give you a smaller decimal. This could come in handy when estimating values in scientific calculations or finance!