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Finance representative example (LP)
Total cash price of £93,000, with a £9,300 customer deposit, borrowing £83,700 at a representative APR of 12.90%
- 47 monthly payments of £1,562.89
- Fixed rate of interest per annum 12.90%
- Final payment £41,475.00
- Amount of credit £83,700.00
- Total amount payable £124,230.83
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