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No, it is not. Estimating may be rounding but need not be.
Yes. 12300 rounded to the nearest hundreds is 12300. No problem!
The process of rounding is the same no matter what place you're rounding to.
yes, if you are rounding to 100ths instead of 1000ths
20 rounding units. 20.0 rounding tenths 19.8 rounding hundredths 19.76 rounding thousandths 19.765 rounding tenthousandths 19.7649 rounding hundred thousandths