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Congratulations on your new position as loan officer at the Commercial Bank and Trust Company. You are dedicated to building long-term relationships with your clients, and you want to be able to answer their problems quickly if they call after obtaining a loan. The banks system is a little slow, so you have started your own list of information frequently needed by your client. You are aware that it is extremely important that the customers information be protected.

You process automobile loans for the banks customers. The interest rate varies depending on the customers credit score. Once you know the credit score, you use the associated rate to find out the loan payment. You then store the customers information including the payment date and the payment amount in your list for quick reference. Respond fully to the following problems regarding this task:

A - (TCO 2) You have set up an Excel worksheet to determine the loan payment. It is set up so that you enter the credit score, and it finds and returns the correct interest rate. Then, you enter the interest rate and other required information to get the actual payment. Describe the Excel tools used for these tasks, and the information required to obtain the payment. 
B - (TCO 10) You know that your list of information on the loans will quickly become very long. Also, you want to be sure that you are not repeating information, and that you cant easily give out wrong information. You would like to be able to view one single record at a time to keep this from happening. A friend has suggested that you build your list in Access. What would be the benefit of doing this, particularly in the banking environment? 
C - (TCO 10) You want to use the Access form wizard to create an input form for your list. Describe the process of creating the form, and the special tools you might use to make it easier to use and less prone to errors.
D - (TCO 10) You have decided that you would like to contact your customers by phone at least once a year to maintain the relationship. describe how you would obtain a list of loans with anniversary dates in a particular month, and then print the information for your use in making these calls.

Computer Engineering, Engineering

  • Category:- Computer Engineering
  • Reference No.:- M9125058

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