1. The problem asks us to compare the two fractions $\frac{7}{10}$ and $\frac{4}{5}$ and insert the correct inequality symbol ($<$ or $>$) between them to form a true statement. 2. To compare fractions, we can either convert them to decimals or find a common denominator. 3. Let's convert both fractions to decimals: $$\frac{7}{10} = 0.7$$ $$\frac{4}{5} = 0.8$$ 4. Since $0.7 < 0.8$, it means: $$\frac{7}{10} < \frac{4}{5}$$ 5. Therefore, the correct inequality symbol to insert is $<$. Final answer: $\frac{7}{10} < \frac{4}{5}$