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Representative finance example

Finance type HP
Duration 60 months
First payment £151.12
58 monthly payments £151.12
Final payment £151.12
Cash price £7,999.00
Deposit £799.90
Amount of credit £7,199.10
Total charge for credit £1,868.10
Total amount payable £9,867.10
Admin fee £1.00
Option to repurchase fee £1.00
APR representative 9.9%
Rate of interest (fixed) 5.19%

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