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Finance representative example (HP)
Total cash price £7,000. Borrowing £6,300.00 with a £700.00 deposit at a representative APR of 10.9%.
- First payment of
- £135.06
- 58 monthly payments of
- £135.06
- Fixed interest rate
- 10.9%
- Option-to-purchase fee
- £1
- Final payment
- £136.06
- Total amount payable
- £8,804.60
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