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Representative Example for Hire Purchase (HP): Cash price £6,699.00, Annual Interest Rate (fixed) 6.72% p.a., with a representative 12.9% APR, total amount of credit £6,030.00, deposit of £669.00, an initial payment of £159.37, followed by 46 monthly payments of £159.37 with a final payment of £159.37, total amount payable is £8,318.76
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