The given function is \(f\left( x \right) = 0.001{x^5} - 0.02{x^3}\).
Use difference rule of differentiation which implies that \(\frac{d}{{dx}}\left( {f\left( x \right) - g\left( x \right)} \right) = \frac{d}{{dx}}f\left( x \right) - \frac{d}{{dx}}g\left( x \right)\) and power rule of differentiation which implies that \(\frac{d}{{dx}}\left( {{x^n}} \right) = n{x^{n - 1}}\), where \(n\) is any real number.
On differentiating this function with respect to \(x\) by using difference and power rule, the following expression is obtained:
\(\begin{aligned}f'\left( x \right) &= \frac{d}{{dx}}\left( {0.001{x^5} - 0.02{x^3}} \right)\\ &= \frac{d}{{dx}}\left( {0.001{x^5}} \right) - \frac{d}{{dx}}\left( {0.02{x^3}} \right)\\ &= 0.001\left( {5{x^4}} \right) - 0.02\left( {3{x^2}} \right)\\ &= 0.005{x^4} - 0.06{x^2}\end{aligned}\)
Thus, the first derivative is \(f'\left( x \right) = 0.005{x^4} - 0.06{x^2}\).