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Representative Example for Hire Purchase (HP): Cash price £8,485.00, Annual Interest Rate (fixed) 14.9% p.a., with a representative 14.9% APR, total amount of credit £7,637.00, deposit of £848.00, an initial payment of £178.56, followed by 58 monthly payments of £177.56 with a final payment of £177.56, total amount payable is £11,502.60
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