- Determine the two consecutive multiples of 1,000 that bracket 724,499
- 724,499 is between 724,000 and 725,000
- 724,500 is the midpoint between 724,000 and 725,000
- As illustrated on the number line, 724,499 is less than the midpoint (724,500)
- Therefore, 724,499 rounded to the nearest thousand = 724,000
