Answer:
It will take 4 years to deplete the account.
Step-by-step explanation:
Prudential Reality has an escrow account that contains $20,000.
The client withdraws $5000 now and that leaves $15000.
After one year an amount of $4500 is withdrawn which leaves ($15000 - $4500) = $10500
After two years an amount of $4000 is withdrawn which leaves ( $10500 -$4000) = $6500.
After three years an amount of $3500 is withdrawn which leaves ( $6500 - $3500) = $3000
After four years an amount of $3000 is withdrawn which leaves ($3000 - $3000) = $0 in the account.
Hence it will take 4 years to deplete the account.
