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Representative Example for Hire Purchase (HP): Cash price £14,318.00, Annual Interest Rate (fixed) 4.64% p.a., with a representative 8.9% APR, total amount of credit £12,887.00, deposit of £1,431.00, an initial payment of £264.61, followed by 58 monthly payments of £264.61 with a final payment of £274.61, total amount payable is £17,317.60
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