\begin{tabular}{l|l|l|} 2 A cooperative fund lends P10,000 for a year at an 8% simple interest rate. & A=7.4% \\ The loan payment scheme has two options: (1) pay the principal plus the & B=P740.74 \\ P800 interest after a year, or (2) discount the loan and pay back P10,000 & C=P9,259.26 \\ after a year. & \\ A. How much is the discount rate? & \\ B. How much is the discount amount? & \\ C. How much would you expect to receive today if you choose the & \\ & second option? \end{tabular}