The correct answer is:
$236
Explanation:
Her annual property taxes are $1200. This means her escrow each month needs to have 1/12 of that amount; 1200/12 = $100 needs to be in the account each month.
Her mortgage insurance is $66 per month; this means a total of $100+66 = $166 needs to be in escrow every month.
Her homeowner's insurance is $840 per year; this means 1/12 of that needs to be in her escrow account each month:
840/12= 70
This gives us a total of $166+$70 = $236
