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Representative Example for Hire Purchase (HP): Cash price £7,295.00, Annual Interest Rate (fixed) 6.8% p.a., with a representative 12.9% APR, total amount of credit £7,295.00, deposit of £0.00, an initial payment of £162.92, followed by 58 monthly payments of £162.92 with a final payment of £172.92, total amount payable is £9,785.20
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