Each week a young boy saves an amount of his pocket money. The amount saved forms part of an arithmetic sequence. The table shows the amounts he saves in weeks 1 to 3.

If he continues to save in this way, the amount he will save in week eight is

**A.** `$1.45`

**B.** `$1.60`

**C. **`$1.65`

**D.** `$7.40`

**E. ** `$8.00`