| Places | Tens | Ones | Tenths | Hundredths | Thousandths | |
|---|---|---|---|---|---|---|
| Number | 1 | 4 | . | 5 | 6 | 2 |
| Rounded Number | 1 | 4 | . | 5 | 6 |
- 6 is in the hundredths place and 2 is in the thousandths place
- Since the digit in the thousandths place (2) is less than 5, the digit in the hundredths place (6) does not change
- The digit in the thousandths place is dropped
- 14.562 rounded to the nearest hundredth (two decimal places) = 14.56
