| Places | Ones | Tenths | Hundredths | Thousandths | Ten Thousandths | |
|---|---|---|---|---|---|---|
| Number | 0 | . | 1 | 2 | 6 | 3 |
| Rounded Number | 0 | . | 1 | 2 | 6 |
- 6 is in the thousandths place and 3 is in the ten thousandths place
- Since the digit in the ten thousandths place (3) is less than 5, the digit in the thousandths place (6) does not change
- The digit in the ten thousandths place is dropped
- 0.1263 rounded to the nearest thousandth (three decimal places) = 0.126
