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Representative Example for Hire Purchase (HP): Cash price £11,604.00, Annual Interest Rate (fixed) 4.65% p.a., with a representative 8.9% APR, total amount of credit £10,444.00, deposit of £1,160.00, an initial payment of £214.56, followed by 58 monthly payments of £214.56 with a final payment of £215.56, total amount payable is £14,034.60
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