In this case the rubber raft has horizontal and vertical motion.
Considering vertical motion first.
We have displacement
, u = Initial velocity, t = time taken, a = acceleration.
Initial vertical velocity = 0 m/s
Initial horizontal velocity = 245 m/s
In vertical motion
s = 1.5 km = 1500 m, u = 0 m/s, a = 9.81


So package will take 17.49 seconds to reach ground.
Now we have v = u+at, where v is the final velocity
Here u = 0 m/s, a= 9.81
and t = 17.49 seconds
Substituting
v = 0+9.8*17.49 = 171.402 m/s
The speed with which the package strikes the ground = 171.402 m/s.
Now considering horizontal motion of package
u = 245 m/s, t = 17.49 s, a = 0

So

So package falls 1906.41 meter far away from the position of plane when the package was dropped.