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Representative Example for Hire Purchase (HP): Cash price £9,550.00, Annual Interest Rate (fixed) 7.35% p.a., with a representative 13.9% APR, total amount of credit £9,550.00, deposit of £0.00, an initial payment of £217.66, followed by 58 monthly payments of £217.66 with a final payment of £227.66, total amount payable is £13,069.60
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