A customer has paid two out of three payments for an item but has not received the item yet. What payment plan might she be using?
A.
Layaway plan
B.
Credit card
C.
Purchase order
D.
Installment plan
D. Installment plan
The most likely payment plan that the customer might be using is the "Installment plan" (Option D). In an installment plan, the customer pays for an item in multiple payments over a specific period of time. Since the customer has made two out of three payments, it suggests that she is following an installment plan where the total payment is divided into three equal parts.
To determine the payment plan the customer might be using, we can look at the scenario provided. The customer has made two out of three payments for an item but has not received it yet. This indicates that the customer is making a series of payments over time before receiving the item.
The correct payment plan in this case is option D, an installment plan. In an installment plan, the customer agrees to make a fixed number of payments over a set period before receiving the product or service in full.