Question

maximo is considering a mortgage with an escrow account. what does this account typically cover? monthly entertainment expenses property taxes and homeowners insurance electric and water bills vacation expenses

Explanation:

An escrow account in a mortgage typically holds funds for recurring costs related to the property. Property taxes and homeowners insurance are standard obligations tied to homeownership that escrow accounts manage, as they are essential for the property's legal and financial protection. Monthly entertainment, electric/water (usually not in escrow for most mortgages), and vacation expenses are personal or utility - like (but not escrow - typical) costs.

Answer:

B. property taxes and homeowners insurance