Answer:
88.02 ft/s
Step-by-step explanation:
Angle with the horizontal, θ =25°
Initial velocity, v = 60 mph
1 mph = 1.467 ft/s
60 mph = 60 × 1.467 ft/s = 88.02 ft/s
Vertical component, v sin θ = 88.02 sin 25° = 37.2 ft/s
Horizontal component, v cos θ = 88.02 cos 25°= 79.8 ft/s
Here is the answer to your question as This is the way I think it is solved
550 * 1.03 = 566.5 (Year 1)
566.5 * 1.03 = 583.495 (Year 2)
583.495*1.03 = 600.99985 (Year 3)
You can safely assume this is your answer: $601.00