$9\mathrm{.}1($Computing floating$-$rate loans$)($Related to Checkpoint $9\mathrm{.}1$ on page $292)$ 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 interest rate that was $30$ basis points $(30$ 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 $2\mathrm{.}2$ percent and a minimum

annual rate of $1\mathrm{.}75$ percent. Calculate the rate of interest for Weeks $2$ through $10.$ NOT IN EXCEL