Compute 4% of 70: A Step-by-Step Calculation

To solve this problem, we'll follow these steps:

• Step 1: Identify the given information.
• Step 2: Apply the percentage formula.
• Step 3: Perform the necessary calculations.

Let's work through these steps:

Step 1: Identify the given information.

We are given that we need to calculate 4% of 70.

Step 2: Apply the percentage formula.

The formula to find the percentage of a number is:
$\text{Percentage value} = \left( \frac{\text{Percentage}}{100} \right) \times \text{Whole number}$

Plugging in the values, we have:
4% of 70 = $\left( \frac{4}{100} \right) \times 70$

Step 3: Perform the necessary calculations.

First, convert 4% to a decimal: $\frac{4}{100} = 0.04$.
Then multiply by the whole number:
$0.04 \times 70 = 2.8$

Therefore, the solution to the problem is $2.8$.