; multiplied by (B) the cost-of-living adjustment determined under section 1(f)(3) of the Internal Revenue Code of 1986, determined by substituting the calendar year preceding the year of the first payment made under subsection (b) for 2016 in subparagraph (A)(ii) thereof. (2) Rounding If any amount calculated under paragraph (1) is not a multiple of $500, such amount shall be rounded to the next lower multiple of $500.