Statement two and three is correct.
Statement 1 is incorrect. A relative reference changes when a formula is copied to another cell while Absolute references remain constant. However, it is safe to say that an absolute address can be preceded by a $ sign before both the row and the column values. It is designated by the addition of a dollar sign either before the column reference, the row reference, or both. Statement C is also correct. A mixed reference is a combination of relative and absolute reference and the formula (= A1 + $B$2) is an example of a mixed cell reference.
The amount paid regularly for insurance is called the premium.
