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To round a number, look at the digit to the right of the place you want to round to. If it is 5 or more, change the digit in the place you're rounding to to the next higher digit. If the digit to the right of the place you're rounding to is less than 5, leave the digit in the place you are rounding to as it is. Change all digits to the right of the place you are rounding to to zeros.

3.0499 rounded to the nearest thousandths is 3.050

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Q: How do you round 3.0499 to the nearest thousandths?
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