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Representative Example for Hire Purchase (HP): Cash price £12,599.00, Annual Interest Rate (fixed) 11.29% p.a., with a representative 11.9% APR, total amount of credit £11,340.00, deposit of £1,259.00, an initial payment of £248.23, followed by 58 monthly payments of £248.23 with a final payment of £249.23, total amount payable is £16,153.80
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