Representative Example for Hire Purchase (HP): Cash price £15,490.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £15,490.00, deposit of £3,098.00, an initial payment of £346.07, followed by 58 monthly payments of £346.07 with a final payment of £356.07, total amount payable is £23,872.20
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