3. Fact Pattern: problem 3:
Your company is planning a party for employees, and you have been asked to set up a spreadsheet to track the attendees and to find out the associated cost. Each employee is allowed to bring one guest to the party. There are 50 employees in your company. The spreadsheet needs to be set up when the invitations are distributed so that you can begin recording the reservations as soon as they come in.

The cost of the party is not the same for the employee and the guest. The charge for an employee is $50, and the charge for a guest is $45. When the employee responds that he/she plans to attend, you want to add his or her name to the list. If the employee is not coming, then his or her name is not recorded. Respond fully to the following problems regarding this task:

A - (TCO 1) describe how you will structure your worksheet, including the titles, column headings, the formulas to find out the cost for each employee (which may include the cost for a guest, and to find out the total cost for the party).
B - (TCO 2) The facility where the party is to be held will give the company a reduction in price if more than 50 people attend. The price per employee will then be $45 and per guest will be $40. Describe how you will set up your worksheet to reflect a change when the total number of attendees hits 50.
C - (TCO 4) You want the employees who are going to attend and bring a guest to show on the list with a green background. describe the method you would use to have this automatically occur when you indicate the employee's response.
D - (TCO 4) You know your management team will want to periodically check to see who is attending. They will want the list to separate the employees coming alone, and those bringing guests. describe how you might generate this list as requested using your knowledge of Excel.

5. Fact Pattern: problem 5:
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 bank's 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 customer's information be protected.

You process home mortgage loans for the bank's customers. The interest rate varies depending on the term of the note. The bank prepares mortgages for 10, 15, 20, and 30 years. Once you know the term, you use the associated rate to find out the loan payment. You then store the customer's 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 term of the note, 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. As these are long-term loans, the information will not change a lot, but it is important that it remain confidential. You want to be able to pull up an individual record by street address and zip code, or by phone number. A friend has suggested that you build your list in Access. What would be the benefit of doing this, particularly in the banking environment? Would this meet your needs?
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 be able to pull a list of your clients with high interest rates if the rates fall enough to make refinancing attractive. describe how you would obtain a list of loans with interest rates greater than a specific percentage, and then print the information for your use in making these calls. Be specific!