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Representative Example for Hire Purchase (HP): Cash price £1,995.00, Annual Interest Rate (fixed) 5.1% p.a., with a representative 9.9% APR, total amount of credit £1,795.00, deposit of £200.00, an initial payment of £37.89, followed by 58 monthly payments of £37.89 with a final payment of £47.89, total amount payable is £2,483.40
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