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(Related to Checkpoint 9.1) (Floating-rate loans) The Bonsington Glass Company entered into a loan agreement with the firm's bank fo finance the firm's working capital.

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(Related to Checkpoint 9.1) (Floating-rate loans) The Bonsington Glass Company entered into a loan agreement with the firm's bank fo finance the firm's working capital. The loan called for a floating rate that was 26 basis points (0.26. 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 tate of 2.15 percent and a minimum of 1.73 percent. Calculate the rate of interest for weeks 2 through 10

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