- Determine the two consecutive multiples of 1,000 that bracket 531,700
- 531,700 is between 531,000 and 532,000
- 531,500 is the midpoint between 531,000 and 532,000
- As illustrated on the number line, 531,700 is greater than the midpoint (531,500)
- Therefore, 531,700 rounded to the nearest thousand = 532,000
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