Answer:

If AGE is 77, the false branch is chosen:


PRINT "Enter full fare"
INPUT FARE
PRINT "Enter age"
INPUT AGE
'
'Calculate discount based on age
IF AGE < 12 THEN  <-- false
+------------------------------------------------+
| LET RATE = 0.0                                 |
+------------------------------------------------+

ELSE
+------------------------------------------------+
| IF AGE  < 24 THEN                              |                           
|   LET RATE = 0.70                              |
|                                                |
| ELSE                                           |
|                                                |
|   IF  AGE < 65 THEN                            |
|     LET RATE = 1.0                             |
|   ELSE                                         |
|                                                |  <-- false branch
|     LET RATE = 0.75                            |         chosen
|                                                |
|   END IF                                       |
|                                                |
|                                                |
| END IF                                         |
+------------------------------------------------+

END IF

'Calculate fare
PRINT "Your fare is:", FARE * RATE
END

Unwraping IFs

The false branch has been picked; zoom in on just it and remember that it acts like a little program:

+------------------------------------------------+
| IF AGE  < 24 THEN                              |   
| +---------------------------------------+      |                           
| | LET RATE = 0.70                       |      |
| +---------------------------------------+      |
| ELSE                                           |
| +---------------------------------------+      |
| | IF  AGE < 65 THEN                     |      |
| |   LET RATE = 1.0                      |      |
| | ELSE                                  |      |
| |                                       |      |
| |   LET RATE = 0.75                     |      |
| |                                       |      |
| | END IF                                |      |
| +---------------------------------------+      |
|                                                |
| END IF                                         |
+------------------------------------------------+

The little program itself contains an IF statement with its own true and false branches. Those branches have been put into boxes.

QUESTION 8:

AGE contains 77. Which of the two boxes (contained inside a larger box) will execute?