The initial potential energy, kinetic energy just before hitting the ground, and the speed of the package just before impact are calculated using relevant physics formulas.
a) Potential Energy: The initial potential energy of the package is calculated using the formula PE = mgh, where m = 20 kg, g = 9.81 m/s^2, and h = 120 m.
b) Kinetic Energy: The kinetic energy just before hitting the ground is equal to the initial potential energy.
c) Speed: The speed just before hitting the ground can be found using the equation for kinetic energy KE = 0.5mv^2.
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