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Finance representative example (HP)
Total cash price £9,000. Borrowing £8,100.00 with a £900.00 deposit at a representative APR of 10.9%.
- First payment of
- £173.65
- 58 monthly payments of
- £173.65
- Fixed interest rate
- 10.9%
- Option-to-purchase fee
- £1
- Final payment
- £174.65
- Total amount payable
- £11,320.00
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