7 months after having invested $1,250.00 in a savings account, Weng had a maturity amount of $1,790.00 in the account. Had he loaned this amount to his friend who was running a dry-cleaning business, he would have received a monthly interest rate that is 6.00 percentage points per month higher than what was being offered by his savings account. Calculate the maturity amount after 7 months had he loaned the amount to his friend.

Round to two decimal places