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Representative Example for Hire Purchase (HP): Cash price £8,595.00, Annual Interest Rate (fixed) 5.17% p.a., with a representative 9.9% APR, total amount of credit £7,595.00, deposit of £1,000.00, an initial payment of £159.31, followed by 58 monthly payments of £159.31 with a final payment of £169.31, total amount payable is £10,568.60
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