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Representative Example for Hire Purchase (HP): Cash price £13,350.00, Annual Interest Rate (fixed) 4.91% p.a., with a representative 9.4% APR, total amount of credit £13,350.00, deposit of £0.00, an initial payment of £277.12, followed by 58 monthly payments of £277.12 with a final payment of £287.12, total amount payable is £16,637.20
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