The rock's altitude y at time t, thrown with initial velocity v, is given by
![y=74\,\mathrm m+vt-\frac12gt^2](https://img.qammunity.org/2021/formulas/physics/college/tvhwvjd0r7t683nijq0k4ntpmin79w8tff.png)
where
is the acceleration due to gravity.
After t = 2.7 s, the rock reaches the water (0 altitude), so
![0=74\,\mathrm m+v(2.7\,\mathrm s)-\frac12g(2.7\,\mathrm s)^2](https://img.qammunity.org/2021/formulas/physics/college/3hvq9cnhav4ga1d9dstbn7upb8jjb6r0hl.png)
![\implies v=-(74\,\mathrm m-\frac g2(2.7\,\mathrm s)^2)/(2.7\,\mathrm s)\approx-14.177(\rm m)/(\rm s)](https://img.qammunity.org/2021/formulas/physics/college/aipkyuqsqyr58reqjv05m52j1zo04m5g5f.png)
so the rock was thrown with a velocity with magnitude 14 m/s and downward direction.
Its velocity at time t is
(with no horizontal component), so that at the moment it hits the water, its velocity is
![v-g(2.7\,\mathrm s)\approx-40.637(\rm m)/(\rm s)](https://img.qammunity.org/2021/formulas/physics/college/had3jk03mo392zdkk8f04m29qixt32misg.png)
That is, its final velocity has an approximate magnitude of 41 m/s, also directed downward.