As the owner of a small restaurant, you purchase 5 boxes of napkins for $75.00 every 3 months. Each box contains 525 napkins. To the nearest hundredth, what is the cost for each individual napkin?

As the owner of a small restaurant, you purchase 5 boxes of napkins for $75.00 every 3 months. Each box contains 525 napkins. To the nearest hundredth, what is the cost for each individual napkin?
A) 0.01
B) 0.02
C) 0.03
D) 0.05