Seeing what the total and average payments month over month are is important to your operation. To display this information, you will use the DatePart function to extract the month from the PaymentDate field then ensure that the query is grouped by month. Open the Payment By Month query in Design view. Change the first column so that instead of grouping by the payment date, you group by the month. Use the DatePart function to extract the month from the date. Name the column MonthNumber. Group by the MonthNumber field and display the Sum of the first Total field and the Average of the Average field. Run the query. The first line should read 2 (as the month, representing February), with a total of $5,246.51 as the total payments received and $1,311.63 as the average payment amount. Ensure that the query results display a total at the bottom of the Total column, and an average at the bottom of the Average column. Save and close the query.

Finally, you would like to classify the various loans as either high or low priority for the Credit Union. To do this you will add a column that determines whether the interest rate for a loan is greater than or equal to 7.9%, as that is what is considered high priority. Open the Refinance Candidates query in Design view. This query displays all adjustable loans in the database. Create a new column to display High Priority for all loans that have an InterestRate of 7.9% or more, and Low Priority otherwise. Name the field Priority. Run the query. Notice customers with the highest interest rate values show a higher priority. Save and close the query.

Save the database. Close the database, and then exit Access. Submit the database as directed.