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Representative Example for Hire Purchase (HP): Cash price £5,695.00, Annual Interest Rate (fixed) 4.65% p.a., with a representative 8.9% APR, total amount of credit £5,126.00, deposit of £569.00, an initial payment of £105.31, followed by 58 monthly payments of £105.31 with a final payment of £106.31, total amount payable is £6,888.60
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