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Finance representative example (HP)
Total cash price £9,500. Borrowing £8,550.00 with a £950.00 deposit at a representative APR of 12.9%.
- First payment of
- £191.02
- 58 monthly payments of
- £191.02
- Fixed interest rate
- 12.9%
- Option-to-purchase fee
- £1
- Final payment
- £192.02
- Total amount payable
- £12,412.20
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