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Finance representative example (LP)
Total cash price of £175,000, with a £17,500 customer deposit, borrowing £157,500 at a representative APR of 12.90%
- 47 monthly payments of £2,634.96
- Fixed rate of interest per annum 12.90%
- Final payment £96,547.50
- Amount of credit £157,500.00
- Total amount payable £237,890.62
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