Answer
$\frac{1}{(2i)^3}=\frac{1}{8}i$
Work Step by Step
Use: $i^2=-1$
$\frac{1}{(2i)^3}=\frac{1}{8i^3}=\frac{1}{8i^3}\frac{i}{i}=\frac{i}{8i^4}=\frac{i}{8(i^2)^2}=\frac{i}{8(-1)^2}=\frac{i}{8}=\frac{1}{8}i$
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