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Representative Example for Hire Purchase (HP): Cash price £14,495.00, Annual Interest Rate (fixed) 5.18% p.a., with a representative 9.9% APR, total amount of credit £12,321.00, deposit of £2,174.00, an initial payment of £258.84, followed by 58 monthly payments of £258.84 with a final payment of £268.84, total amount payable is £17,714.40