| Places | Ones | Tenths | Hundredths | Thousandths | Ten Thousandths | |
|---|---|---|---|---|---|---|
| Number | 0 | . | 0 | 2 | 3 | 4 |
| Rounded Number | 0 | . | 0 | 2 |
- 2 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 (2) does not change
- The digits to the right of the hundredths place are dropped
- 0.0234 rounded to the nearest hundredth (two decimal places) = 0.02
