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Representative Example for Hire Purchase (HP): Cash price £8,095.00, Annual Interest Rate (fixed) 13.4% p.a., with a representative 13.4% APR, total amount of credit £7,286.00, deposit of £809.00, an initial payment of £165.42, followed by 58 monthly payments of £164.42 with a final payment of £164.42, total amount payable is £10,675.20
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