Representative Example for Hire Purchase (HP): Cash price £41,950.00, Annual Interest Rate (fixed) 5.19% p.a., with a representative 9.9% APR, total amount of credit £40,950.00, deposit of £1,000.00, an initial payment of £859.61, followed by 58 monthly payments of £859.61 with a final payment of £869.61, total amount payable is £52,586.60
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