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Representative Example for Hire Purchase (HP): Cash price £10,998.00, Annual Interest Rate (fixed) 5.98% p.a., with a representative 11.4% APR, total amount of credit £10,998.00, deposit of £2,199.00, an initial payment of £238.15, followed by 58 monthly payments of £238.15 with a final payment of £248.15, total amount payable is £16,498.60
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