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
