Representative Example for Hire Purchase (HP): Cash price £16,750.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £15,075.00, deposit of £1,675.00, an initial payment of £336.80, followed by 58 monthly payments of £336.80 with a final payment of £337.80, total amount payable is £21,884.00
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