- Determine the two consecutive multiples of 1,000 that bracket 727,118
- 727,118 is between 727,000 and 728,000
- 727,500 is the midpoint between 727,000 and 728,000
- As illustrated on the number line, 727,118 is less than the midpoint (727,500)
- Therefore, 727,118 rounded to the nearest thousand = 727,000
