asking for weeks 2-10

(Related to Checkpoint 9.1) (Floating-rate loans) The Bensington Glass Company entered into a loan agreement with the firm's bank to finance the firm's working capital. The loan called for a floating rate that was 29 basis points (0.29 percent) over an index based on LIBOR. In addition, the loan adjusted weekly based on the cosing value of the index for the previous week and had a maximum annual rate of 2.19 percent and a minimum of 1.72 percent Calculate the rate of interest for weeks 2 through 10 The rate of interest for week 2 is 4 (Round to two decimal places.) (Related to Checkpoint 9.1) (Floating rate loans) The Bensington Glass Conpany entered into a loan agreement with the firm's bank to finance the firm's working capital. The loan called for a floating rate that was 29 basis points (0.29 percent) over an index based on UBOR. In addition. the loan adjusted woekly based on the cosing value of the index for the previous week and had a maximum annual rate of 2.19 percent and a minionum of 1.72 percent. Calculate the rate of interest for weeks 2 through 10 The rate of interest for woek 2 is of. (Round to two docimal places)