How are we going to solve this problem?
We are given the following information:

Equation 1: 0.3048 meters = 1 foot

This equation tells us how many meters are in one foot, not how many cubic meters are in one cubic foot. The diagram below illustrates a cubic foot. Each side is 1 foot long, so each side is 0.3048 meters long.

You should cube both sides of Equation 1 to get the number of cubic meters in a cubic foot. Remember, to cube a value (cube of a value 'A' is written as A3) you need to multiply a value three times by itself.

For example, 23 = 2 X 2 X 2 = 8