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Representative Example for Hire Purchase (HP): Cash price £8,000.00, Annual Interest Rate (fixed) 5.17% p.a., with a representative 9.9% APR, total amount of credit £8,000.00, deposit of £0.00, an initial payment of £168.14, followed by 58 monthly payments of £168.14 with a final payment of £178.14, total amount payable is £10,098.40
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