A certain library assesses fines for overdue books as follows. On the first day that a book is overdue, the total fine is $0.07. For each additional day that the book is overdue, the total fine is either increased by $0.30 or doubled, whichever results in the lesser amount. What is the total for a book on the fifth day it is overdue?
Choose one:	A) $0.60	B) $0.70	C) $0.86	D) $0.90	E) $1.00
1st day fine - 0.07   2nd day fine - 0.07*2 = 0.14 (as doubling gives lower value)   3rd day fine - 0.14*2 = 0.28 (as doubling gives lower value)   4rd day fine - 0.28*2 = 0.56 (as doubling gives lower value)   5th day fine - 0.56 + 0.3 = 0.86 (as doubling gives higher value we add 0.3 this time)   Answer: $0.86.
<result>C</result>
A certain library assesses fines for overdue books as follows. On the first day that a book is overdue, the total fine is $0.07. For each additional day that the book is overdue, the total fine is either increased by $0.30 or doubled, whichever results in the lesser amount. What is the total for a book on the fifth day it is overdue?