If the change in GDP in South Korea from 2016 Quarter 3 to 2016 Quarter 4 was 1.6%, then we may conclude that the s.a.a.r for GDP in the same period was

1.6%, because s.a.a.r. measures quarter-to-quarter growth

3.2%, because s.a.a.r. measures the upper limit of current GDP growth

One-fourth of 1.6%, or 0.4%, because s.a.a.r. removes all annualized data

Four times 1.6%, or 6.4%, because s.a.a.r. annualizes quarterly data