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Representative Example for Hire Purchase (HP): Cash price £7,100.00, Annual Interest Rate (fixed) 5.16% p.a., with a representative 9.9% APR, total amount of credit £6,390.00, deposit of £710.00, an initial payment of £134.34, followed by 58 monthly payments of £134.34 with a final payment of £144.34, total amount payable is £8,780.40
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