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It is two lots of 2^1000 or 2 x 2^1000 = 2^1001 (^ is the keyboard symbol for 'to the power of')
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To simplify 58/1000, you can divide both the numerator and the denominator by their greatest common factor, which is 2. This gives you 29/500 in simplest form. This means that 58/1000 simplifies to 29/500.
working out equivelent fractions is simple you take a fraction-in you case 1/2 and do the same to each number in the fraction. You can multiply or divide but you can't add or subtract for example you can double both 1 and 2 and get 2/4 you could times both by 1000 and get 1000/2000 All of these are equivelent fractions
1000000, 100^3=1000000, and 1000^2=1000000