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Finance representative example (LP)
Total cash price of £70,000, with a £7,000 customer deposit, borrowing £63,000 at a representative APR of 12.90%
- 47 monthly payments of £1,053.98
- Fixed rate of interest per annum 12.90%
- Final payment £38,619.00
- Amount of credit £63,000.00
- Total amount payable £95,156.06
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