Representative Example for Hire Purchase (HP): Cash price £16,200.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £16,200.00, deposit of £0.00, an initial payment of £340.26, followed by 58 monthly payments of £340.26 with a final payment of £350.26, total amount payable is £20,425.60
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