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Representative Example for Hire Purchase (HP): Cash price £12,399.00, Annual Interest Rate (fixed) 11.29% p.a., with a representative 11.9% APR, total amount of credit £11,160.00, deposit of £1,239.00, an initial payment of £244.29, followed by 58 monthly payments of £244.29 with a final payment of £245.29, total amount payable is £15,897.40
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