- Determine the two consecutive multiples of 1,000 that bracket 87,416
- 87,416 is between 87,000 and 88,000
- 87,500 is the midpoint between 87,000 and 88,000
- As illustrated on the number line, 87,416 is less than the midpoint (87,500)
- Therefore, 87,416 rounded to the nearest thousand = 87,000
