Chrome File Edit View History Bookmarks Profiles Tab Window Help LO Q 8 Mon Apr 3 11:04 PM PG Campus X Unit 9 Lab Assignment - N X Do Homework - Unit 9 Lab X izz Anal Downpour With Phoe X *Dashboard X C mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=645239713&questionld=1&flushed=false&cld=7325124&back=DoAssign... PG Campus G Sir W. Arthur Lewi... FREE Digital Down... My Best Buy@ Cre... T T-Mobile ED Writing Center Tut... TikTok de noeherd... (2) How to Create.. MT217 Finance Christopher Williams 04/03/23 11:04 PM Homework: Unit 9 Lab Assignment Question 1, P9-1 (similar to) HW Score: 0%, 0 of 20 points Part 1 of 9 O Points: 0 of 1 Save (Related to Checkpoint 9.1) (Floating-rate loans) 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 (0.28 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 2.18 percent and a minimum of 1.73 percent. Calculate the rate of interest for weeks 2 through 10. Skip Main Date LIBOR ontent Week 1 1.98% Week 2 1.63% Week 3 1.45% Week 4 1.32% Week 5 1.59% Week 6 1.69% O Week 7 1.69% Week 8 1.88% O The rate of interest for week 2 is %. (Round to two decimal places.) O Help me solve this View an example Get more help - Clear all Check answer APR 3 tv