| Places | Tens | Ones | Tenths | Hundredths | Thousandths | |
|---|---|---|---|---|---|---|
| 1 | ||||||
| Number | 2 | 3 | . | 4 | 5 | 6 |
| Rounded Number | 2 | 3 | . | 4 | 6 |
- 5 is in the hundredths place and 6 is in the thousandths place
- Since the digit in the thousandths place (6) is greater than or equal to 5, add 1 to the digit in the hundredths place (5)
- 1 + 5 = 6, so the digit in the hundredths place becomes 6
- The digit in the thousandths place is dropped
- 23.456 rounded to the nearest hundredth (two decimal places) = 23.46
