$$(\frac{3}{8})^{3}\times(\frac{4}{9})^{3}$$
$\frac{1}{216}\approx 0.00462963$
$$\frac{27}{512}\times \left(\frac{4}{9}\right)^{3}$$
$$\frac{27}{512}\times \frac{64}{729}$$
$$\frac{27\times 64}{512\times 729}$$
$$\frac{1728}{373248}$$
$$\frac{1}{216}$$
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$\frac{1}{2 ^ {3} \cdot 3 ^ {3}} = 0.004629629629629629$
