Jamal currently earns $20,000 a year in gross wages. On January 1, he is due to receive a 2% COLA. What will his gross income be after the COLA takes effect?

A. $19,600

B. $20,100

C. $20,400

D. $24,000

I think its c...

Yes. C is right.

thanks! Im glad you help me(:

You're welcome.

To calculate Jamal's gross income after the 2% COLA (Cost of Living Adjustment), we need to figure out how much the 2% increase is on his current income of $20,000. Here are the steps to find the answer:

Step 1: Calculate 2% of $20,000:
2% = 2/100 = 0.02
2% of $20,000 = $20,000 x 0.02

Step 2: Add the calculated increase to Jamal's current income:
New Gross Income = $20,000 + (2% of $20,000)

Step 3: Simplify the expression in Step 2:
New Gross Income = $20,000 + ($20,000 x 0.02)

Calculating the expression:

New Gross Income = $20,000 + ($20,000 x 0.02)
New Gross Income = $20,000 + ($400)
New Gross Income = $20,400

Therefore, the correct answer is C. $20,400.