The answer is 4 and four-fifths.
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The probability that Boris will win the contest is:
P = 0.286
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How to get the probability?</h3>
For some given odds a:b, the probability is just computed as the quotient between a and b, which gives:
P = a/b
In this case, the odds are 2:7, so the probability that Boris will win the contest is:
P = 2/7 = 0.286
Written in percentage form, we get:
P = 28.6%
If you want to learn more about probability:
brainly.com/question/24756209
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Answer:
$4250
Step-by-step explanation:
i = prt
or
p = i / rt
where,
i = $1,785
r = 6% = 0.06
t = 7 years
So, we can calculate initial vale by putting the values in above equation;
p = $1,785 / (0.06 x 7)
p = $1,785 / 0.42
p = $4,250
Hence the initial value will be $4250
