he 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 $(0\mathrm{.}29$percent$)$ over an index based on LIBOR. In$$ addition, the loan adjusted weekly based on the closing value of the index for the previous week and had a maximum annual rate of $2\mathrm{.}18$ percent and a minimum of $1\mathrm{.}76$ percent. Calculate the rate of interest for weeks $2$ through $10.$

Date

LIBOR

Week $1$

$1\mathrm{.}99\%$

Week $2$

$1\mathrm{.}69\%$

Week $3$

$1\mathrm{.}54\%$

Week $4$

$1\mathrm{.}34\%$

Week $5$

$1\mathrm{.}57\%$

Week $6$

$1\mathrm{.}67\%$

Week $7$

$1\mathrm{.}74\%$

Week $8$

$1\mathrm{.}92\%$

Week $9$

$1\mathrm{.}94\%$