5,276 to the nearest thousand

Given the numerical value:

5,276

Round to the nearest thousand.

Solution:

In rounding numbers, it must be taken to note that if the number is greater than or equal to 5 then the succeeding number will be added by 1, hence if the number is less than 5, then the succeeding number will remain the same. Since we are asked to round to nearest thousand, we must determine first where  thousand is. The number places are as follow in an ascending order: Ones/units, tens, hundreds, thousands, ten thousands, hundred thousands, millions, hundred millions, and so on. For decimals, the number places starts with; tenths, hundredths, thousandths, ten thousandths, hundred thousandths, and so on.

The value in the thousands place is 5, and before 5 we have 2 which is less than 5, therefore, we will retain the value as it is, and equate the lower values to 0.

= 5,276

= 5,000

Final answer:

= 5,000