1. The problem asks for the maximum monthly rent Eloise should consider based on her gross annual salary of 65290.
2. The rule of thumb taught in class for rent affordability is typically that monthly rent should not exceed 30% of gross monthly income.
3. First, calculate Eloise's gross monthly income by dividing her annual salary by 12:
$$\text{Monthly Income} = \frac{65290}{12}$$
4. Calculate the maximum monthly rent as 30% of the monthly income:
$$\text{Max Rent} = 0.30 \times \frac{65290}{12}$$
5. Simplify the expression:
$$\text{Max Rent} = 0.30 \times 5440.83 = 1632.25$$
6. Round to the nearest dollar:
$$\boxed{1632}$$
Therefore, Eloise should consider a maximum monthly rent of 1632 dollars.
Maximum Rent 50A22E
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