The maximum monthly rent Isaac can afford is $1,329
Gross salary is the total amount of money one receive annually.
We know that the maximum rent must be less than or equal to 28% of Gross Monthly Pay.
We will find out Isaac's Gross Monthly Pay by dividing Isaac's Gross Annual Pay by 12 (the number of months in a year)
= $56,953 / 12
= $4,746.08
Find out the maximum monthly rent he can afford
= 28%
= 28 / 100
= 0.28
Multiply Isaac's Gross Monthly Pay by 0.28
= $4,746.08 * 0.28
= $1,329
Hence, the maximum monthly rent Isaac can afford is $1,329
Learn more about gross salary here : https://brainly.com/question/25273589
