During its 50-50 Sale, Marpole Furniture will sell its products for a 50% down payment (due date of sale), and the balance remaining to be paid in...

. During its 50-50 Sale, Marpole Furniture will sell its products for a 50% down payment (due date of sale), and the balance remaining to be paid in six months. No interest is charged for the first six months.  If you wished to pay 100% on the due date instead, what amount would be equivalent to the 50/50 arrangement for a $1845 chesterfield* and chair set if Marpole can earn a rate of return of 10.75% on its funds?