Representative Example for Hire Purchase (HP): Cash price £18,200.00, Annual Interest Rate (fixed) 8.45% p.a., with a representative 15.9% APR, total amount of credit £16,380.00, deposit of £1,820.00, an initial payment of £388.34, followed by 58 monthly payments of £388.34 with a final payment of £398.34, total amount payable is £25,130.40
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