What is 0.8637 rounded to the nearest hundredth?

What is 0.8637 rounded to the nearest hundredth? The number 0.87 is 0.8637 rounded up to the nearest hundredth, but since the number in the thousandths place is less than 5, the number should be rounded down.

The number 0.87 is 0.8637 rounded up to the nearest hundredth, but since the number in the thousandths place is less than 5, the number should be rounded down.
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