The largest place value in the number is millions.
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In the number 3,400 the greatest place would be the 3. And in 800, the greatest place would be the 8. Basically it is the highest value in a number.
The greatest place value in 2307 is thousands.
The highest individual digit is 8, but the 4, in the hundreds place, has the greatest value.
The smallest number is zero. That rounds to 870.
213,345 rounded to the greatest place value is 213,350