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Lesson 11: Using a layaway plan. Consumer Math p. 75. Layaway.
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Lesson 11: Using a layaway plan Consumer Math p. 75
Layaway Some customers prefer to buy their clothes by using a layaway plan. They pay part of the price as a deposit. The store keeps the item until the customer pays the remainder of the price. There are no interest charges. However, there is usually a limit to the time that the item may be laid away.