In the stage of a project the product is delivered to the customer and resources are released from the project

Product is termed as the management term for the goods and services that are availed by the firm to the customer at the prevailing price in the market as per the affordability of the customers.

The correct answer is a closing stage.  

The closing stage is termed as the stage in which the products or the projects both are withdrawn at the end of the events when the customer has been delivered with the desired goods and services.

The last stage of the project service life is really the Post Implementation Phase. Handing over deliverables to your customer, giving documents to the business, canceling supplier contracts, releasing workers and equipment, and notifying participants of the project's completion are all part of project closure.

To know more about the stages of the product and services that can be delivered, refer to the link below:

link

closing

Explanation:

The project life cycle is referred to as a framework that shows how projects successfully move from the beginning to the end.

It is in the closing stage that the product will be delivered to the customer and the resources are released from the project.

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

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