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Representative Example for Hire Purchase (HP): Cash price £22,495.00, Annual Interest Rate (fixed) 5.65% p.a., with a representative 10.9% APR, total amount of credit £20,246.00, deposit of £2,249.00, an initial payment of £517.12, followed by 48 monthly payments of £517.12 with a final payment of £527.12, total amount payable is £27,080.76
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