You didn't go far enough.
$60 = 3*17 + 9 \implies 9 = 60 - 3*17$
$17 = 9 + 8 \implies 8 = 17 - 9 = 17 - (60-3*17) = 4*17 - 60$
This is as far as you went. Need to go one step further.
$9 = 8 + 1 \implies 1 = 9 - 8 = (60-3*17) - (4*17 -60) = 2*60 - 7*17$
So $-7*17 \equiv 1 \mod 60$ and $-7 \equiv 53 \equiv \frac 1 {17} \mod 60$.
(To get an x,y with y = 53 rather than -7: $1= 2*60 - 7*17 = 2*60 - 7*17 + 60*17 - 60*17= (2-17)*60 + 53*7 = -15*60 + 53*17$)
I don't understand what $60*2 - 7/17$ is supposed to signify.
But $60*2 - 7*17 = 1$ so $60*2/17 - 7 = \frac 1{17}=.058...$ for what that's worth.
... and $60*\frac{-15}{17} + 53 = \frac 1{17}= .058...$.