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Representative Example for Hire Purchase (HP): Cash price £7,795.00, Annual Interest Rate (fixed) 5.17% p.a., with a representative 9.9% APR, total amount of credit £7,015.00, deposit of £780.00, an initial payment of £147.46, followed by 58 monthly payments of £147.46 with a final payment of £157.46, total amount payable is £9,637.60
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