Representative Example for Hire Purchase (HP): Cash price £23,945.00, Annual Interest Rate (fixed) 11.9% p.a., with a representative 11.9% APR, total amount of credit £21,551.00, deposit of £2,394.00, an initial payment of £471.64, followed by 60 monthly payments of £471.64 with a final payment of £481.64, total amount payable is £30,702.40
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