Tony said:
Chris was right except for the bit about gravity not being a force.
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Bit of a slip of the keyboard there. I was just trying to distinguish that the acceleration DUE TO GRAVITY would be the same for both riders.
In the case of riders freewheeling down a hill then F=m x a where force is gravitational force and the the acceleration is 9.81m/s^2. So the heavier rider is acted upon by a greater gravitational force (as you would expect as the gravitational force is proportional to the mass of the rider, the mass of the earth and inversely proportional to the square of the radius of the earth.
In the case of wind resistance, again force = m x a. However the force is set (assuming both riders present the same frontal area and are travelling at the same speed). So in this case, with a set force acting on a heavier object then the decelaration will be less.
Then it is simply a matter of resolving the forces. As stated above, when the forces are equal and opposite then you have achieved terminal velocity.
So both rider accelerate down the hill at the same rate initially but wind resistance acts slows the lighter rider more.
Basically I agree with Tony!
g = 9.81 m/s^2 not 9.98m/s^2 by the way! (although it varies between 9.78 and 9.82 depending on where you are on the globe)