Assignment:
A company decides to fine it workers for parking violations on its property. The first offense carries a fine of $25.00 the second offense is $30.00 the third offense is $35.00 and so on. what is the fine for the eight offense? Please show your work and whether you use arithmetic sequence or a geometric sequence and use the proper formulas where applicable. Be concise in your reasoning.
Provide complete and step by step solution for the question and show calculations and use formulas.