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Representative Example for Hire Purchase (HP): Cash price £11,750.00, Annual Interest Rate (fixed) 9.9% p.a., with a representative 9.9% APR, total amount of credit £10,750.00, deposit of £1,000.00, an initial payment of £225.57, followed by 58 monthly payments of £225.57 with a final payment of £235.57, total amount payable is £14,544.20
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