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Representative Example for Hire Purchase (HP): Cash price £6,495.00, Annual Interest Rate (fixed) 5.16% p.a., with a representative 9.9% APR, total amount of credit £5,845.00, deposit of £650.00, an initial payment of £122.90, followed by 58 monthly payments of £122.90 with a final payment of £132.90, total amount payable is £8,034.00
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