Round 155,016 to the nearest thousand

Round 155 016 to the nearest thousand.
Let us first identify the place value of each digits
=> 6 = ones
=> 1 = tens
=> 0 = hundreds
=> 5 = thousands
=> 5 = ten thousands
=> 1 = hundred thousands

Now, the situation is asking to round to the nearest thousand
=> 155 016 is equals to 155 000 when rounded to the nearest thousand
because the number next to thousands is 0, and 0 is below 5 so apply rounding down.

500 dollars and its probably more than that