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Representative Example for Hire Purchase (HP): Cash price £12,299.00, Annual Interest Rate (fixed) 11.29% p.a., with a representative 11.9% APR, total amount of credit £11,070.00, deposit of £1,229.00, an initial payment of £242.32, followed by 58 monthly payments of £242.32 with a final payment of £243.32, total amount payable is £15,769.20
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