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Representative Example for Hire Purchase (HP): Cash price £25,495.00, Annual Interest Rate (fixed) 4.65% p.a., with a representative 8.9% APR, total amount of credit £20,396.00, deposit of £5,099.00, an initial payment of £418.97, followed by 58 monthly payments of £418.97 with a final payment of £419.97, total amount payable is £30,238.20
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