Can somebody me find the nth term?

Asocial networking site currently has 400,000 active members, and that figure is predicted to increase by 32% each year. the following expression represents the number of active members on the site after t years.

Determine the solution for mc001-1.jpeg

What is 100,000 times 1/100,000, using the standard method of multiplication? write the answer as 10 to a power.