Representative Example for Hire Purchase (HP): Cash price £9,995.00, Annual Interest Rate (fixed) 5.71% p.a., with a representative 10.9% APR, total amount of credit £8,995.00, deposit of £1,000.00, an initial payment of £193.06, followed by 58 monthly payments of £193.06 with a final payment of £203.06, total amount payable is £12,593.60
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