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Finance representative example (LP)
Total cash price of £118,000, with a £11,800 customer deposit, borrowing £106,200 at a representative APR of 12.90%
- 47 monthly payments of £1,776.71
- Fixed rate of interest per annum 12.90%
- Final payment £65,100.60
- Amount of credit £106,200.00
- Total amount payable £160,405.97
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