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Representative Example for Hire Purchase (HP): Cash price £5,995.00, Annual Interest Rate (fixed) 12.4% p.a., with a representative 12.4% APR, total amount of credit £5,396.00, deposit of £599.00, an initial payment of £119.33, followed by 58 monthly payments of £119.33 with a final payment of £120.33, total amount payable is £7,759.80
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