Related to Checkpoint 9.1) (Floating-rate loans) The Bensington Glass Company entered into a loan agreement win the ben's bank to finance the firm's working capital. The on clied for a floating rate that was 28 basis points (0.28 percent) over an index based on LIBOR Indition, the loan asted weekly based on the closing val of the for the previous work and had a maximum annual rate of 2.10 percent and a minimum of 1.77 percent Calculate the rate of interest for woods 2 rough 10. Date LIBOR Week 1 1.975 Week 2 1.67% Week 3 1,54% Week 4 1.32% Week 5 1.64% Week 6 Week 7 1.73% Week 1.93 The rate of interest for week 2 (Round to two decimal places) 1.51%