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An account with a financial institution used to pay taxes and insurance is called _____
An ARM
A balloon loan
An escrow account
PMI

Respuesta :

An account with a financial institution used to pay taxes and insurance is called An escrow account.

Answer is An escrow account

patworsley

Answer:an Escrow Account

With a mortgage escrow account, you must pay a lender periodically to cover The Taxes and Insurance expense.  Then that lender will pay pays those expenses on your behalf when the bills came due

Explanation:

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