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Thousandth place is the 3rd place after the decimal (tenths is 0, hundredth is 2, thousandth is 5, and ten thousands is 5). Usually, if the value in the next place to the right is 5 or greater, it is rounded up. SO, 0.0255 rounded to the nearest thousandth is 0.026.

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Q: What is 0.0255 rounded to the nearest thousandth?
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