Representative Example for Hire Purchase (HP): Cash price £10,000.00, Annual Interest Rate (fixed) 5.17% p.a., with a representative 9.9% APR, total amount of credit £9,000.00, deposit of £1,000.00, an initial payment of £189.13, followed by 58 monthly payments of £189.13 with a final payment of £199.13, total amount payable is £12,357.80
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