1. The problem asks to find the value of 70%. 2. Percent means per hundred, so 70% means 70 out of 100. 3. To convert a percentage to a decimal, divide by 100: $$70\% = \frac{70}{100}$$ 4. Simplify the fraction by canceling common factors: $$\frac{\cancel{70}}{\cancel{100}} = \frac{7}{10}$$ 5. Convert the fraction to a decimal by dividing numerator by denominator: $$\frac{7}{10} = 0.7$$ 6. Therefore, the value of 70% is 0.7.