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jessie
Look at the hundredths place and if the number behind it is bigger than 5 you add 1 to the number in the hundredths place. If they aren't then just leave it the same.(the numbers behind the hundredths place turn to zeros)
AL2006
The next bigger hundredth is 1,199,495.01 .
The next smaller hundredth is 1,199,494.99 .
The number in the question is exactly midway in between those. Neither of them is closer to the number than the other one is. So the number is already at the nearest hundredth.

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