debnjerry's answer is correct. Maybe you made an error and hit an incorrect key on the calculator. But you can do the math long-hand to verify, and there's no way a 4 can come out of a multiplication equation with just 1s and zeroes in it.

.01 x.01 ------ 01 00 ---- 001

move the decimal to the left four places, and that's .0001

I also did it by hand and got the same answer that you all have been kind enough to give me. One more question. Why are they showing the problem as (0.01)^ why not show the problem as 0.01^ why are there ( ) around the 0.01

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