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Representative Example for Hire Purchase (HP): Cash price £11,499.00, Annual Interest Rate (fixed) 4.65% p.a., with a representative 8.9% APR, total amount of credit £10,350.00, deposit of £1,149.00, an initial payment of £212.63, followed by 58 monthly payments of £212.63 with a final payment of £213.63, total amount payable is £13,907.80
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