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Representative 2.9% APR, annual interest rate (fixed) 2.9%. Representative APR applies to loans of £7,500 – £25,000 up to 5 years for Nectar members.

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Multiply the principal amount by one plus the annual interest rate to the power of the number of compound periods to get a combined figure for principal and 

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A percentage (the interest) of the principal is added to the principal, making your initial investment grow! What amount of money is loaned or borrowed?(this is 

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