- Determine the two consecutive multiples of 1,000 that bracket 47,562
- 47,562 is between 47,000 and 48,000
- 47,500 is the midpoint between 47,000 and 48,000
- As illustrated on the number line, 47,562 is greater than the midpoint (47,500)
- Therefore, 47,562 rounded to the nearest thousand = 48,000
