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Representative Example for Hire Purchase (HP): Cash price £10,495.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £9,446.00, deposit of £1,049.00, an initial payment of £211.04, followed by 58 monthly payments of £211.04 with a final payment of £212.04, total amount payable is £13,712.40
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