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Finance representative example (HP)
Total cash price £6,000. Borrowing £5,400.00 with a £600.00 deposit at a representative APR of 12.9%.
- First payment of
- £120.64
- 58 monthly payments of
- £120.64
- Fixed interest rate
- 12.9%
- Option-to-purchase fee
- £1
- Final payment
- £121.64
- Total amount payable
- £7,839.40
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