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Representative Example for Hire Purchase (HP): Cash price £12,350.00, Annual Interest Rate (fixed) 13.08% p.a., with a representative 13.9% APR, total amount of credit £11,115.00, deposit of £1,235.00, an initial payment of £253.38, followed by 58 monthly payments of £253.38 with a final payment of £254.38, total amount payable is £16,438.80
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