How Long will this assignment take, and Can it be done?
Loans LoanIDDateAmountInterestRateTermLoanClassCustomerID 110/13/1956,000.000.059899974615M3 210/14/1954,000.000.062499988815M3 310/24/1939,000.000.064999990215M1 410/25/1921,000.000.059999991230M1 511/3/1927,000.000.0549999963C3 611/4/1944,000.000.0549999965C2 711/18/1922,000.000.06249998884C3 811/21/196,000.000.06749998784C3 911/25/1946,000.000.064999990215M3 1012/4/1925,000.000.050000000715M1 1112/6/1911,000.000.055500019330M1 1212/11/1952,000.000.049899984215M1 138/19/2029,000.000.059000004115M1 148/27/2023,000.000.05249999845C2 158/29/1924,000.000.04500000553C3 169/4/2012,000.000.039899993710O3 179/12/2060,000.000.05499999630M3 189/16/194,000.000.06499999025O2 199/19/2043,000.000.0549999965O1 209/24/2037,000.000.05800001730M1 219/25/2020,000.000.04750000313O1 2210/2/208,000.000.05499999615M1 2310/3/2034,000.000.05000000073C3 2410/3/2013,000.000.07990001895O3 2510/6/2046,000.000.06499999025C1 Gaining Proficiency Instructions Grader - InstructionsAccess 2019 Project Exp19_Access_Ch03_ML1 - Small Business Loans 1.0 Project Description: You are the manager of a regional business loan department for the U.S. Small Business Administration office. You have decided to evaluate whether Access could be used in place of the Excel worksheet you are currently using. You will create a table, add some sample customers, and import some recent data from an Excel spreadsheet. You will calculate the payments for the loans that are currently on the books by creating a query using the Pmt function. You will also summarize each loan by the type of loan (M=Mortgage, C=Car, and O=Other). Steps to Perform: Step Instructions Points Possible 1 Start Access. Open the downloaded Access file named Exp19_Access_Ch03_ML1_Small_Business_Loans.accdb. Grader has automatically added your last name to the beginning of the filename. Note this file is an empty database. 0 2 In Design view, create a new table. Add the first field named CustomerID with AutoNumber Data Type. Add Company as the second field name, and FirstName as the third field name. Accept the default data types. Save the Table with name as Customers. Click Yes, when prompted for defining Primary Key. 10 3 Add the following fields to the Customers table (in this order), accepting the default data type of Short Text: LastName City State Zip Verify that CustomerID is the primary field. 10 4 Save the table and switch to Datasheet view. Add the following records to the table: Company FirstName LastName City State Zip Jones and Co Robert Paterson Greensboro NC 27401 Elements, Inc. Merve Kana Paterson NJ 07505 Godshall Meats, LLC Francisco De La Cruz Beverly Hills CA 90210 10 5 Import the spreadsheet using the downloaded Excel file a03_h2_Loans.xlsx into a new table. Choose LoanID as the primary key and accept all other defaults in the Import Wizard. 10 6 Open the Loans table in Design view. Change the InterestRate field format to Percent. Change the field size for the CustomerID field to Long Integer. Save and close the table. Click Yes when prompted that some data may be lost. 10 7 Create a relationship between the CustomerID fields in the Customers and Loans tables. Enforce referential integrity. Save and close the Relationships window. 10 8 Create a query using the two tables that will calculate the payment amount for each loan. Add the following fields: Company, LoanID, Amount, InterestRate, Term, and LoanClass, in that order. Sort the query by LoanID in ascending order. Save the query as Loan Payments. 5 9 Use the Expression Builder to add a calculated field named Payment in the first blank column to calculate the loan payment for each loan using the Pmt function. Insert the appropriate field names in place of the placeholder arguments. Assume the loans have monthly payments (12 payments per year). Ensure the payment displays as a positive number. Run the query. 5 10 Switch to Design view and change the format for the Payment calculated field to Currency. Run the query again to verify your change. 5 11 In Datasheet view, add a Totals row. Use it to calculate the sum of the Amount column, the average InterestRate, and the average Term. Save and close the query. 5 12 Create a copy of Loan Payments. Save the new query as Loan Payments Summary. Open the Loan Payments Summary query in Design view and rearrange the columns as follows: LoanClass, LoanID, Amount, and InterestRate. Delete columns Company, Term, and Payment. 5 13 Group the Loan Payments Summary query by the LoanClass field. Display the number of loans in the LoanID column, the sum in the Amount column, and the average in the InterestRate column. Run the query. 5 14 Switch to Design view and display the Property Sheet. For the LoanID field, change the caption to Loans. For the Amount field, change the caption to Total Amount and change the format to Currency. For the InterestRate field, change the caption to Avg Interest Rate and change the format to Percent. Run the query. Save and close the query. 5 15 Close all database objects. Close the database and then exit Access. Submit the database as directed. 5 Total Points 100 Created On: 07/12/20191Exp19_Acess_Ch03_ML1 - Small Business Loans 1.0