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Representative Example for Hire Purchase (HP): Cash price £9,499.00, Annual Interest Rate (fixed) 5.71% p.a., with a representative 10.9% APR, total amount of credit £8,550.00, deposit of £949.00, an initial payment of £183.18, followed by 60 monthly payments of £183.18 with a final payment of £193.18, total amount payable is £11,949.80
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