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around the corner.
A circle has no corners. :) It just goes round and round and round...
It depends on what you are going to round it to. To the nearest 10, you need to look at the digit in the ones position, which is 8. That causes it to round up to 530. To the nearest 100, you look at the digit in the tens position, which is a 2. So it rounds down to 500.
You would use "around" in this situation, as it implies a direction and not a shape. "He went AROUND the corner." However, in some situations, you may round a corner. For example, a baserunner in baseball passing by third base and heading for home plate can be said to round the corner towards home, in reference to the path in which the runner takes around the basepath. Rather than running a straight line to third base and then a straight line to home plate, the runner takes the corner at full speed and thus, ROUNDS the corner in an arced path.
Round is a preposition only when it means "around" (the bar 'round the corner). Otherwise it is an adjective, a verb (to go around) or a noun (a circular form).