Simon lost his library card and has an overdue library book. When the book was 5 days late, he owed $2.25 to replace his library card and pay the fine for the overdue book. When the book was 21 days late, he owed $6.25 to replace his library card and pay the fine for the overdue book. Suppose the total amount Simon owes when the book is n days late can be determined by an arithmetic sequence. Determine a formula for an , the nth term of this sequence. Use the formula to determine the amount of money, in dollars, Simon needs to pay when the book is 60 days late.