Final answer:
The equivalent ratio is 1: 1.71: 2.43 with the decimals rounded to two places.
Step-by-step explanation:
To rewrite the ratio 7:12:17 as an equivalent ratio in the form 1:m:n, we divide each part of the original ratio by the first term (which is 7).
Therefore, we get 1 : 12/7 : 17/7.
Converting these to decimal form to two decimal places gives us 1: 1.71: 2.43.
So the equivalent ratio is 1: 1.71: 2.43.