- Determine the two consecutive multiples of 1,000 that bracket 24,692
- 24,692 is between 24,000 and 25,000
- 24,500 is the midpoint between 24,000 and 25,000
- As illustrated on the number line, 24,692 is greater than the midpoint (24,500)
- Therefore, 24,692 rounded to the nearest thousand = 25,000
