Answer:
Step-by-step explanation:
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The equation that's illustrated simply depicts an investment as it shows the principal, and interest rate.
<h3>What is an investment?</h3>
It should be noted that an investment simply means a dedication of an asset in order to increase the value over a period of time.
In this case, the equation that's illustrated simply depicts an investment as it shows the principal, and interest rate. To calculate the investment, the time, amount and rate will be considered.
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Answer:
Consider the complete question is,
'The odds in favor of frank McKinney winning a hot dog eating contest are 2:9,
- Determine the probability that Frank will win the contest,
- Determine the probability that Frank will not win the contest'
Solution :
We know that,
Odds in favor : the ratio of the number of ways that an outcome can occur compared to how many ways it cannot occur.
We have,

So, total outcomes = 2 + 9 = 11,

Thus, the probability that Frank will win the contest = 
And,
The probability that Frank will win the contest = 