1. The problem asks us to round the number 1230.932567 to the nearest hundredths place. 2. Identify the hundredths place, which is the second digit to the right of the decimal point. Here, it is 3 in 1230.932567. 3. Look at the digit immediately to the right of the hundredths place to decide whether to round up or keep the same. This digit is 2. 4. Since 2 is less than 5, we do not round up. The hundredths place digit stays 3. 5. Therefore, rounding 1230.932567 to the nearest hundredths gives us 1230.93.