1) He has both potential and kinetic energy
2) Before the parachute opens, the potential energy decreases and the kinetic energy increases
Explanation:
1)
The gravitational potential energy of a body is the energy possessed by the object due to its position in a gravitational field, and it is given by:

where
m is the mass of the body
g is the acceleration of gravity
h is the height of the body above the ground
On the other hand, the kinetic energy of a body is the energy possessed by the body due to its motion; it is given by

where
v is the speed of the object
Here Mr. Leppold has both potential and kinetic energy before opening the parachute, because:
- It is moving at a certain speed, so
, therefore he has kinetic energy
- He is at a certain height above the ground,
, therefore he has potential energy
2)
The total mechanical energy of Mr.Leppold is the sum of the potential and the kinetic energy:

According to the law of conservation of energy, in absence of air resistance, this quantity remains constant.
During the fall, the height of Leppold decreases: this means that as
decreases, the potential energy decreases too.
However, the total energy E must remain constant: therefore, this means that the kinetic energy KE must increase, and this occurs because the speed of Mr. Leppold increases as he falls.
Learn more about kinetic and potential energy:
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