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Representative Example for Hire Purchase (HP): Cash price £14,456.00, Annual Interest Rate (fixed) 4.64% p.a., with a representative 8.9% APR, total amount of credit £13,011.00, deposit of £1,445.00, an initial payment of £267.16, followed by 58 monthly payments of £267.16 with a final payment of £277.16, total amount payable is £17,484.60
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