- Determine the two consecutive multiples of 1,000 that bracket 5,045
- 5,045 is between 5,000 and 6,000
- 5,500 is the midpoint between 5,000 and 6,000
- As illustrated on the number line, 5,045 is less than the midpoint (5,500)
- Therefore, 5,045 rounded to the nearest thousand = 5,000
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