The thousands place is the fourth place to the left of the decimal point (which in a whole number is "hiding" after the ones digit at the end); in 86931 it is the 6.
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Look at the digit in hundreds place. If it is five or greater, round the digit in thousands place to the next higher digit. If the digit in hundreds place is less than five, leave the digit in thousands place as it is. 755,082 rounded to thousands is 755,000.
Oh, dude, it's like super simple. The digit in the thousands place is 10 times greater than the same digit in the hundreds place. So, if you have a 3 in the thousands place, it's like 30 times greater than the 3 in the hundreds place. Math, man, it's wild.
951999
The places are always the same no matter what the digits are. The value is obtained by multiplying the place times the digit. Starting from the right, the places in an 8-digit number are ones, tens, hundreds, thousands, ten thousands, hundred thousands, millions and ten millions.
To round three numbers to the nearest thousand, you would first identify the digit in the thousands place. Then, look at the digit to the right of the thousands place. If it is 5 or greater, you would round up by increasing the thousands digit by 1. If it is less than 5, you would leave the thousands digit as it is. Finally, replace all digits to the right of the thousands place with zeros.