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1000^3 can be written as 1000 * 1000 * 1000. To simplify this use the fact that 1000 = 10^3 (ten to the third power).

So 1000^3 = (10^3)^3

Now use the rules of exponents:

(10^3)^3 = 10^9 = 1000000000 "one trillion"

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