Couple of small additions. First, each colour has a single value. So the numbers in band 3 are not independent of the numbers in band 1 or band 2. The third band simply tells you how many zeroes to put in front. So brown is one, and a brown in the third place, tells you to put one zero in front of the number obtained using the other two bands.
So for example if you have Red,Red, Orange -- you would interpret it by writing 22 and following it with 3 zeroes. Thus the final value would be 22,000 ohms.
Second,the following sentence is often helpful in remembering the sequence of colours involved here.
B.B. ROY of Great Britain had a Very Good Wife
Of course, we find this only in Indian textbooks, because Roy is a Bengali name. You could always change the surname to something you are more comfortable with!