Answer:
$30.40
Step-by-step explanation:
Recurring debt is am amount paid for the debt service. It involves all the payment which could not be canceled on the request. It includes Child Support, Loan Payment etc.
A household is required to spend 28% of the gross income as housing expenses, but not above 36% of total debt.
Housing expense = 28% x 380 = $106.4
Expense on Debt = 36% x 380 = $136.80
So,
Allowable recurring debt having income of $380 = 136.80 - 106.40 = $30.4
The average rate of change in the median household income over this time period is $745.5
<h3>What is the average rate of change in the median household income over this time period?</h3>
The given parameters are:
2000, the median household income was $41,990.
2010, it was $49,445.
The average rate of change in the median household income over this time period is calculated as:
Average rate of change = (Difference in Income)/(Difference in years)
So, we have:
Average rate of change = (41990 - 49445)/(2000-2010)
Evaluate
Average rate of change = 745.5
Hence, the average rate of change in the median household income over this time period is $745.5
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Answer:
21
Step-by-step explanation:
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