Answer
$1.45\times10^{8}$
Work Step by Step
Using laws of exponents, the given expression simplifies to
\begin{align*}
&
(5\times10^{11})(2.9\times10^{-3})
\\\\&=
(5\times2.9)(10^{11}\times10^{-3})
\\\\&=
14.5\times10^{11+(-3)}
\\\\&=
14.5\times10^{7}
\\\\&=
1.45\times10^{8}
.\end{align*}