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Representative Example for Hire Purchase (HP): Cash price £7,795.00, Annual Interest Rate (fixed) 5.71% p.a., with a representative 10.9% APR, total amount of credit £7,795.00, deposit of £0.00, an initial payment of £167.34, followed by 58 monthly payments of £167.34 with a final payment of £177.34, total amount payable is £10,050.40
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