Representative Example for Hire Purchase (HP): Cash price £34,000.00, Annual Interest Rate (fixed) 5.45% p.a., with a representative 10.4% APR, total amount of credit £30,600.00, deposit of £3,400.00, an initial payment of £648.98, followed by 58 monthly payments of £648.98 with a final payment of £658.98, total amount payable is £42,348.80
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