P9-1 (similar to) Question Help Y Related to Checkpoint.) Floating-rate loans The Bernsington Glass Company entered into a loan agreement with the firm's bank to finance the firm's working capital. The loan called for a Boating rate that was hesis points (0.29 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 nal role of 2.21 percent and a minimum of 1.74 percent. Calculate the rate of interest for weeks 2 through 10 Date LIBOR Week 1 1.98 Week 2 163 Week 3 1.53% Week 4 135 Weeks 1.59% Week 1.60% Week 7 1.73% Week 8 1.88% The rate of interest for week 2 is 0% (Round to two decimal places) Apps Homework: 4-1 MyFinanceL Score: 0 of 4 pts P9-1 (similar to) FRIDAIHTUI Huar Tau I 2.21 POIR DU THIRUTTU 1.1 porcel Date LIBOR Week 1 1.96% Week 2 1.63% Week 3 1.53% Week 4 1.35% Week 5 1.59% Week 6 1.69% Week 7 1.73% Week 8 1.86% Week 9 1.92% (Click on the icon in order to copy its contents into a spreadshee The rate of interest for week 2 is 2.21 %. (Round to two decimal pla The rate of interest for week 3 is 1.92 %. (Round to two decimal pla The rate of interest for week 4 is 1.82 %. (Round to two decimal pla The rate of interest for week 5 is 1.74 %. (Round to two decimal pla The rate of interest for week 6 is 1.88 %. (Round to two decimal pla The rate of interest for week 7 is 1.98 %. (Round to two decimal pla The rate of interest for week 8 is 2.02 %. (Round to two decimal pla The rate of interest for week 9 is 2.15 %. (Round to two decimal pla