Cognizant's project finance team maintains billing rates for delivery projects. Write a PostgreSQL query to identify the second-highest and third-highest distinct billable rates in the active project rate-card table.
billable_rate is NULL.| Column | Type | Description |
|---|---|---|
| rate_card_idPK | INT | Unique rate-card record identifier |
| project_name | VARCHAR(100) | Cognizant project name |
| billable_rate | DECIMAL(10,2) | Hourly billable rate |
| effective_date | DATE | Date the rate became effective |