Representative Example for Hire Purchase (HP): Cash price £10,995.00, Annual Interest Rate (fixed) 5.72% p.a., with a representative 10.9% APR, total amount of credit £10,995.00, deposit of £2,199.00, an initial payment of £235.66, followed by 58 monthly payments of £235.66 with a final payment of £245.66, total amount payable is £16,348.60
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