What is the numerical value of (3.00 x 10⁶)(2.0 x 10⁻³)/(5.0 x 10⁻²)?
1) 1.2
2) 1.2 x 10⁷
3) 1.2 x 10⁵
4) 1.2 x 10¹¹
5) 1.2 x 10³