Answer:
The horizontal speed does affect time in the air.
S = 1/2 g t^2 describes the distance fallen (55 m)
55 m = 1/2 * 9.80 m/s^2 * t^2 solve for t
t = (2 * 55 / 9.80)^1/2 s
t = 3.35 s time to fall 55 m
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