| Places | Tens | Ones | Tenths | Hundredths | Thousandths | |
|---|---|---|---|---|---|---|
| Number | 7 | 4 | . | 9 | 8 | 3 |
| Rounded Number | 7 | 4 | . | 9 | 8 |
- 8 is in the hundredths place and 3 is in the thousandths place
- Since the digit in the thousandths place (3) is less than 5, the digit in the hundredths place (8) does not change
- The digit in the thousandths place is dropped
- 74.983 rounded to the nearest hundredth (two decimal places) = 74.98
