For this problem you can multiply by the reciprocal giving you (1/16)*(4/3) which gives you 4/48, then 1/12.
The rule of exponential multiplication is (a^x)*(a^y)=a^(x+y)
using this with your expression, we can do
(10^1)*(10^3)*(10^2)=10^(1+3+2)=10^6
Final answer:
10^6 or 1 million
Hope I helped :)