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Representative Example for Hire Purchase (HP): Cash price £4,999.00, Annual Interest Rate (fixed) 6.71% p.a., with a representative 12.9% APR, total amount of credit £4,500.00, deposit of £499.00, an initial payment of £118.93, followed by 46 monthly payments of £118.93 with a final payment of £118.93, total amount payable is £6,207.64
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