Representative Example for Hire Purchase (HP): Cash price £10,990.00, Annual Interest Rate (fixed) 5.72% p.a., with a representative 10.9% APR, total amount of credit £9,990.00, deposit of £1,000.00, an initial payment of £214.12, followed by 58 monthly payments of £214.12 with a final payment of £224.12, total amount payable is £13,857.20
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