Representative Example for Hire Purchase (HP): Cash price £11,000.00, Annual Interest Rate (fixed) 5.66% p.a., with a representative 10.9% APR, total amount of credit £9,900.00, deposit of £1,100.00, an initial payment of £252.95, followed by 46 monthly payments of £252.95 with a final payment of £253.95, total amount payable is £13,242.60
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