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Representative Example for Hire Purchase (HP): Cash price £12,995.00, Annual Interest Rate (fixed) 4.64% p.a., with a representative 8.9% APR, total amount of credit £12,995.00, deposit of £0.00, an initial payment of £267.17, followed by 58 monthly payments of £267.17 with a final payment of £277.17, total amount payable is £16,040.20
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