ip address 10.1.1.0
subnetmask 255.255.248.0
binary notation:
ip address 00001010.00000001.00000001.00000000
subnetmask 11111111.11111111.11111000.00000000
first 00001010.00000001.00000000.00000000
last 00001010.00000001.00000111.11111111
decimal notation:
first 10.1.0.0 (network)
last 10.1.7.255 (broadcast)
first usable address 10.1.0.1 last 10.1.7.254.
HTH