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Representative Example for Hire Purchase (HP): Cash price £5,695.00, Annual Interest Rate (fixed) 13.9% p.a., with a representative 13.9% APR, total amount of credit £5,126.00, deposit of £569.00, an initial payment of £116.85, followed by 58 monthly payments of £116.85 with a final payment of £117.85, total amount payable is £7,581.00
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