Step 1 :Given the mathematical expression: \(1+4 x^{-3}(-3 x^{2}+2)\)
Step 2 :Distribute the multiplication across the terms in the parentheses: \(1+4 x^{-3}(-3 x^{2}) + 4 x^{-3}(2)\)
Step 3 :Simplify the expression: \(1 - 12x^{-1} + 8x^{-3}\)
Step 4 :Final Answer: The simplified form of the given mathematical expression is \(\boxed{1 - \frac{12}{x} + \frac{8}{x^{3}}}\)