Representative Example for Hire Purchase (HP): Cash price £11,299.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £10,170.00, deposit of £1,129.00, an initial payment of £227.21, followed by 58 monthly payments of £227.21 with a final payment of £227.21, total amount payable is £14,761.60
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