When Greenville State University decided to move its fine arts collection to a new library, it had to package the collection in 20-inch by 20-inch by 12-inch boxes. If the university pays $0.50 for every box, and if the university needs 2.4 million cubic inches to package the collection, what is the minimum amount the university must spend on boxes?  Select the correct option:
A) $250 B) $275 C) $510 D) $1,250 E) $2,550
The volume of each box is 20*20*12= 
<gadget id="calculator">20*20*12</gadget>
<output>4_800</output>
4800 cubic inches.   Number of boxes= 2,400,000/4800 = 500 boxes   Total cost = 500×$0.5=$250   The answer is $250.
<result>A</result>
When Greenville State University decided to move its fine arts collection to a new library, it had to package the collection in 20-inch by 20-inch by 12-inch boxes. If the university pays $0.50 for every box, and if the university needs 2.4 million cubic inches to package the collection, what is the minimum amount the university must spend on boxes?