Suppose we have monthly data on the CPI and quarterly data on the GDP. We have information only on the first two periods. We are given that the CPI increased by 0.5% from January to February, while GDP increased by 1.3% from Q1 to Q2. We would like to see if how growth and inflation rates compare. What would be the "annualized" growth rate of each?

1. CPI growth rate=6.17%; GDP growth rate=5.3%
2. CPI growth rate=6.17%; GDP growth rate=5.2%
3. CPI growth rate=2.02%; GDP growth rate=5.3%
4. CPI growth rate=2.02%; GDP growth rate=5.2%