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Representative Example for Hire Purchase (HP): Cash price £10,895.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £9,806.00, deposit of £1,089.00, an initial payment of £219.08, followed by 58 monthly payments of £219.08 with a final payment of £220.08, total amount payable is £14,234.80
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