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Representative Example for Hire Purchase (HP): Cash price £8,795.00, Annual Interest Rate (fixed) 10.9% p.a., with a representative 10.9% APR, total amount of credit £7,916.00, deposit of £879.00, an initial payment of £169.70, followed by 58 monthly payments of £169.70 with a final payment of £170.70, total amount payable is £11,062.00
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