Representative Example for Hire Purchase (HP): Cash price £11,950.00, Annual Interest Rate (fixed) 4.64% p.a., with a representative 8.9% APR, total amount of credit £10,755.00, deposit of £1,195.00, an initial payment of £220.84, followed by 58 monthly payments of £220.84 with a final payment of £230.84, total amount payable is £14,455.40
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