In keeping with the honored pedagogical technique of "First tell 'em what you are going to tell 'em, then tell 'em, then tell 'em what you told 'em," we summarize. If you are dealing with limits, then 00 is an indeterminate form, but if you are dealing with ordinary algebra, then 00 = 1.
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Michael Huber and V. Frederick Rickey, "What is 0^0? - Conclusion and Bibliography," Convergence (July 2012)