The maximum Youth Allowance is reduced by $1 for every $4 that the youth's parents income is over $31 400. By how much is Hannah's Youth Allowance reduced if her parents earn a combined income of $35 624?
1 Answer
Jul 29, 2018
Hannah's reduction in Youth Allowance is
Explanation:
Let the total income be
Then the amount over
The count of every every $4 in
Notice the way in which the units of measurement ($) cancels out leaving just a count:
We are told that the actual joint income is $35624.00
This is substituted for
For each of these counts the youth allowance is reduced by $1
Total reduction in Hannah's allowance is: