Representative Example for Hire Purchase (HP): Cash price £30,940.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £25,940.00, deposit of £5,000.00, an initial payment of £544.71, followed by 58 monthly payments of £544.71 with a final payment of £554.71, total amount payable is £37,692.60
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