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Representative Example for Hire Purchase (HP): Cash price £9,590.00, Annual Interest Rate (fixed) 6.27% p.a., with a representative 11.9% APR, total amount of credit £8,631.00, deposit of £959.00, an initial payment of £188.94, followed by 58 monthly payments of £188.94 with a final payment of £188.94, total amount payable is £12,295.40
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