Determine the difference between the place value and face value of 5 in 78654321.

Hint:
Face value of the 5 is 5 and the place value of 5 is $5 \times 10000 = 50000$ then subtract the value.

Complete step by step solution:
Given number is 78654321.
Place value of 5 in 78654321 is $5 \times 10000 = 50000$
And the face value of 5 in 78654321 is 5.

Difference in place value and face value is $50000 - 5 = 49995$

Note:
Place value-describe the position or place of a digit in a given number. Each digit of the number has a value depending on its place. Place value is equal to face value and numerical value of place.
Face value- describe the value of the digit itself. does not depend on the position of the number. Face value is equal to the numerical value of the digit itself.