Rounding 67,437 to the Nearest Thousand: Number Approximation Practice

To solve this problem, we'll follow these steps:

• Step 1: Identify the hundreds digit of the number $67,437$.
• Step 2: Apply the rounding rule for the nearest thousand.
• Step 3: Determine the rounded number and compare it with the given choices.

Now, let's work through each step:
Step 1: The hundreds digit of $67,437$ is 4.
Step 2: Since the hundreds digit is less than 5, we round down. According to the rules of rounding to the nearest thousand, the digits following the thousands place become zero.
Step 3: Therefore, rounding $67,437$ to the nearest thousand results in $67,000$.

The solution to the problem is $67,000$, which corresponds to answer choice 1.