Well, isn't that a happy little number! When we round 124,531 to the nearest thousand, we look at the hundreds place, which is 4. Since 4 is less than 5, we keep the thousands place the same and change the hundreds and ones places to zero. So, 124,531 rounded to the nearest thousand is 125,000. Just like that, we've created a beautiful, rounded number to admire.
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Oh, dude, rounding 124531 to the nearest 1000 is like picking the closest party spot on a map. You look at the hundreds place, which is 4, and since it's less than 5, you don't need to round up. So, 124531 rounded to the nearest 1000 is just 124000. Keep the party going!
When rounding 124531 to the nearest thousand, we look at the hundreds place, which is 4. Since 4 is less than 5, we round down. Therefore, 124531 rounded to the nearest thousand is 124,000.