| Places | Hundreds | Tens | Ones | Tenths | Hundredths | Thousandths | |
|---|---|---|---|---|---|---|---|
| Number | 3 | 4 | 4 | . | 5 | 5 | 3 |
| Rounded Number | 3 | 4 | 4 | . | 5 | 5 |
- 5 is in the hundredths place and 3 is in the thousandths place
- Since the digit in the thousandths place (3) is less than 5, the digit in the hundredths place (5) does not change
- The digit in the thousandths place is dropped
- 344.553 rounded to the nearest hundredth (two decimal places) = 344.55
