- Determine the two consecutive multiples of 1,000 that bracket 76,723
- 76,723 is between 76,000 and 77,000
- 76,500 is the midpoint between 76,000 and 77,000
- As illustrated on the number line, 76,723 is greater than the midpoint (76,500)
- Therefore, 76,723 rounded to the nearest thousand = 77,000
