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seven tenths
The place value of the 7 in the number 0.708 is seven tenths.
In the number 700, the value of 7 is in the tens place. Therefore, the value of 7 in 700 is 70. This is because the place value of a digit in a number determines its actual value in the overall number.
The "7" is in the hundreds place of that number.
The face value of a digit is the value of the digit itself, regardless of its position in the number. In the numeral 574873, the face value of the digit 7 is 7. The difference between the face value of 7 and its place value in this number is 0, as the place value of 7 in this number is also 7 (tens of thousands place).