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Answer:
7 years.
Explanation:
We know,
Future value = Present Value × 
Given,
Future Value, FV = $10,000
Present Value, PV = $6,651
Interest rate, i = 6% = 0.06
We have to determine how many years to acquire $10,000 in the future.
Now, $10,000 = $6,651 × 
or, $(10,000 ÷ 6,651) = 
or, 1.5035 = 
or, Log 1.5035 = n log 1.06
Using the calculator to find the value of log.
0.1771 = n × 0.0253
or, n = 0.1771 ÷ 0.0253
or, n = 7 years
7 years will be needed to acquire $10,000 in the future.
There are a lot of firms. Gallery Furniture is an example of a company that, among other things, has focused on improving the manufacturing frontier of innovation.
<h3>What are the frontiers of innovation?</h3>
Frontiers of Innovation (FOI) is known to be the Center's R&D Platform, that has been set up to boast the creation and adoption of science-based innovations so as to see or get breakthrough impact at a high scale.
A lot of manufacturers often divides “innovation” into three areas such as: product innovation, manufacturing innovation, and business model innovation.
Learn more about frontier of innovation from
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