As the number being raised to the powers is the same, the powers can be added together and the answer is the number raised to this power:
56 x 5-2 = 56 + -2 = 54 = 625
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It is: 26*56 = 1,000,000 or one million
There are seven digits: 8,000,000
2 to the 4th power times 5 to the 3rd power = 2,000
5 x 106 = 5,000,000
Both are correct.