Question

Your company insures snow removal operations. The snow removal premiums for each of the past 3 years are $1,142, $1,791, and $2,003. What was the total premium for the past 3 years?

Answer 1

Total snow renewals premiums paid by the company as insurance for the past three years = $4936

Explanation:

Amount of snow renewal premium for first year = $1142

Amount of snow renewal premium for second year = $1791

Amount of snow renewal premium for third year = $2003

Now, we need to find the total premium for the past 3 years.

Hence, Total premium for the last three years = 1142 + 1791 + 2003

= $4936

Therefore, Total snow renewals premiums paid by the company as insurance for the past three years = $4936

Answer 2

The correct answer is:
$4936

Explanation:
To find the total premium for the past 3 years, we add all of the premiums for each year:

1142+1791+2003 = 4936.