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A financial auditor is rounding a company's total equipment value of $14,200 to the nearest thousand for a year-end summary report. According to the standard rounding procedure, which of the following is the correct reason why the digit in the thousands place (4) should remain unchanged?
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A financial auditor is rounding a company's total equipment value of $14,200 to the nearest thousand for a year-end summary report. According to the standard rounding procedure, which of the following is the correct reason why the digit in the thousands place (4) should remain unchanged?