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Representative Example for Hire Purchase (HP): Cash price £5,999.00, Annual Interest Rate (fixed) 6.72% p.a., with a representative 12.9% APR, total amount of credit £5,400.00, deposit of £599.00, an initial payment of £142.72, followed by 46 monthly payments of £142.72 with a final payment of £142.72, total amount payable is £7,449.56