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now with selecting each option I need to have a value of the text box reflect. ex. if AlertPay is selected then value in text box would be alertpay and same with stp however with coupound would be different.
I need to hide the textbox above and 1 other one and replace it with another text box.
I hope i have explained it good I am unsure myself.
I hope this is what you're looking for. It's pretty simple and it just uses a little bit of javascript. Whatever you select, that option's value will be displayed in the text box.