1. **Problem statement:** If 978.7 is 100%, find how much 2% is. 2. To find 2%, we use the formula: $$\text{Value of 2%} = \frac{2}{100} \times 978.7$$ 3. Calculate the multiplication: $$\frac{2}{100} \times 978.7 = 0.02 \times 978.7$$ 4. Multiply: $$0.02 \times 978.7 = 19.574$$ 5. **Final answer:** 2% of 978.7 is **19.574**.