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Online Calculators > Financial Calculators > Layaway Plan Calculator Layaway Plan Calculatorlayaway plan calculator calculates the initial downpayment and each payment through a layaway plan when purchasing a item.
Layaway plan exampleFor example, if a woman looking to purchase jewelry at a store but doesn't have enough money at that time. She can use the store's layaway plan, make an initial deposit, and pay the rest over a short period. she will be able to get the jewelry once she completes the payment. 
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