Representative Example for Hire Purchase (HP): Cash price £10,750.00, Annual Interest Rate (fixed) 10.9% p.a., with a representative 10.9% APR, total amount of credit £9,675.00, deposit of £1,075.00, an initial payment of £207.42, followed by 58 monthly payments of £207.42 with a final payment of £208.42, total amount payable is £13,521.20
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