| Places | Hundreds | Tens | Ones | Tenths | Hundredths | Thousandths | |
|---|---|---|---|---|---|---|---|
| Number | 1 | 7 | 3 | . | 0 | 1 | 4 |
| Rounded Number | 1 | 7 | 3 | . | 0 | 1 |
- 1 is in the hundredths place and 4 is in the thousandths place
- Since the digit in the thousandths place (4) is less than 5, the digit in the hundredths place (1) does not change
- The digit in the thousandths place is dropped
- 173.014 rounded to the nearest hundredth (two decimal places) = 173.01
