A general formula for the nth term of a sequence can be derived from its generating function, but the specific approach depends on the type of generating function used. The discussion highlights that providing initial terms can facilitate assistance, as different generating functions have unique manipulation rules. A Taylor series approach is one method to extract terms, while contour integrals from complex analysis can also be employed to find coefficients. The sequence derived from the given generating function may simplify to a specific formula, but not all generating functions yield straightforward sequences. Understanding the various forms of generating functions is crucial for effectively determining nth terms.