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Representative Example for Hire Purchase (HP): Cash price £10,795.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £9,716.00, deposit of £1,079.00, an initial payment of £217.07, followed by 58 monthly payments of £217.07 with a final payment of £218.07, total amount payable is £14,104.20
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