Membership Scenario

Hi,

I want to create a membership website that allow visitors to choose 3 different subscriptions

Free( for 7 days)
Paid
6 Month
12 Month

Free users can upgrade to any of the paid level they want and paid members can choose other plan when they are going to renew(in case of expiration)

For eg if User X is at 12 month plan they can go to 6 months plan after completing 12 months.

Is it possible with this plugin ?

http://wordpress.org/plugins/membership/