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Representative Example for Hire Purchase (HP): Cash price £8,443.00, Annual Interest Rate (fixed) 7.34% p.a., with a representative 13.9% APR, total amount of credit £8,443.00, deposit of £0.00, an initial payment of £192.70, followed by 58 monthly payments of £192.70 with a final payment of £202.70, total amount payable is £11,572.00
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