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 $28$ basis points $(0\mathrm{.}28$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 $2\mathrm{.}15$ percent and a minimum of $1\mathrm{.}79$ percent. Calculate the rate of interest for weeks $2$ through $10.$

Date

LIBOR

Week $1$: $1\mathrm{.}98\%$

Week $2$: $1\mathrm{.}69\%$

Week $3$: $1\mathrm{.}52\%$

Week $4$: $1\mathrm{.}34\%$

Week $5$: $1\mathrm{.}65\%$

Week $6$: $1\mathrm{.}66\%$

Week $7$: $1\mathrm{.}68\%$

Week $8$: $1\mathrm{.}89\%$

Week $9$: $1\mathrm{.}92\%$