product in mathematics is a result of multiplying, so we have to multiply the two numbers, that is:
0.02*0.7
when we multiply numbers like this, the final result will have as many places after the point as both of them together: so the first number has 2 numbers after the point and the second - one number, so the final answer will have a form of"
x.xxx
it will be the multiplication of the two number disregarding the 0s: 2*7=14, but placed to the "right" of the number - and the rest of the numbers will be filled by 0s:
0.014
this is the product!
Hope this helps!