To round 1,345 to the nearest thousand, you look at the hundreds digit, which is 3 in this case. If this digit is 5 or higher, you round up; if it’s less than 5, you round down. Since 3 is less than 5, you round down.
Therefore, 1,345 rounded to the nearest thousand is 1,000.
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It looks like there is a misunderstanding. If you want to round 1345 to the nearest thousand, the correct result is **1000**, not 1,345,000.
Here’s how it works:
To round 1,345 to the nearest thousand, you indeed look at the hundreds digit, which is 3 in this case.
Since the hundreds digit is less than 5, you round down. Therefore, 1,345 rounded to the nearest thousand becomes 1,000.
Had the hundreds digit been 5 or higher, you would round up to the next thousand.