Representative Example for Hire Purchase (HP): Cash price £12,975.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £11,975.00, deposit of £1,000.00, an initial payment of £251.28, followed by 58 monthly payments of £251.28 with a final payment of £261.28, total amount payable is £16,086.80
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