Representative Example for Hire Purchase (HP): Cash price £20,250.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £18,225.00, deposit of £2,025.00, an initial payment of £382.77, followed by 58 monthly payments of £382.77 with a final payment of £392.77, total amount payable is £25,001.20
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