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Representative Example for Hire Purchase (HP): Cash price £13,488.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £12,139.00, deposit of £1,349.00, an initial payment of £255.02, followed by 58 monthly payments of £255.02 with a final payment of £265.02, total amount payable is £16,660.20
Finance Representative