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Finance representative example (LP)
Total cash price of £160,000, with a £16,000 customer deposit, borrowing £144,000 at a representative APR of 12.90%
- 47 monthly payments of £2,409.10
- Fixed rate of interest per annum 12.90%
- Final payment £88,272.00
- Amount of credit £144,000.00
- Total amount payable £217,499.70
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