- Determine the two consecutive multiples of 1,000 that bracket 49,424
- 49,424 is between 49,000 and 50,000
- 49,500 is the midpoint between 49,000 and 50,000
- As illustrated on the number line, 49,424 is less than the midpoint (49,500)
- Therefore, 49,424 rounded to the nearest thousand = 49,000
