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OpenStudy (anonymous):
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) $19,000 b) $20,100 c) $20,000 D) $24,000
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OpenStudy (anonymous):
He gets 20000 now and if he gets a 2%COLA, he would get .02 increase to his total gross. So 20000 * .02 = 400 bucks. His overall gross pay will increase by 400 dollars. So 20000 + 400 = 20,400
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