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Representative Example for Hire Purchase (HP): Cash price £29,000.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £23,200.00, deposit of £5,800.00, an initial payment of £487.20, followed by 58 monthly payments of £487.20 with a final payment of £497.20, total amount payable is £35,042.00
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