
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
Luke wants to fence a rectangular piece of land of at least 500 square feet. The fencing cost is $5 per foot. If the length of the rectangle is twice its width, what is the least cost he will incur to fence the land?

Present the answer in LaTex format: \boxed{Your answer}
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