It means that two expressions represent the same number.
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Expressed in digits, this is equal to 17,500,000.
Expressed numerically, this is equal to 3/4.
Expressed verbally, this is equal to one million seven hundred thousand. Expressed numerically, this is equal to 1700000.
Numerically, it is equal to it. This may not be the same as It if I is not the same as i. Please note that in this context, it does not matter what I am, only what i is. It is possible that it is not a single variable but denotes the product of i and t, in which case it is numerically equal to the product of the numerical value of i and the numerical value of t. A further possibility is that i is not simply one of two numerical variables being multiplied together but the imaginary square root root of -1. In that case it is simply t times the imaginary square root of -1. In the complex plane, the numerical equivalent of it would be the ordered pair (0,t).
1.75 million is written as 1,750,000