Representative Example for Hire Purchase (HP): Cash price £18,495.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £17,995.00, deposit of £1,000.00, an initial payment of £377.94, followed by 58 monthly payments of £377.94 with a final payment of £387.94, total amount payable is £23,686.40
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