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Representative Example for Hire Purchase (HP): Cash price £12,199.00, Annual Interest Rate (fixed) 11.29% p.a., with a representative 11.9% APR, total amount of credit £10,980.00, deposit of £1,219.00, an initial payment of £280.74, followed by 47 monthly payments of £280.74 with a final payment of £281.74, total amount payable is £14,976.26

