Terminal velocity means the velocity at the end of time and time never ends... More precisely terminal velocity is the limit of velocity when the time goes to infinity. It is a constant, when the acceleration is zero, that is, when the forces - gravity and air drag balance each other.
In this problem, ∑F=mg-kv2, and it is zero when v2=mg/k=1000/0.3, that is [itex]v_∞=\sqrt{mg/k}=57.74 m/s[/itex], not 58 m/s. If the skydriver's initial speed is zero, its speed will increase and tends to v∞. If the initial speed is greater than that, it will slow down and the speed tends to v∞again. If it happens to travel with the initial speed it will be unchanged.
Solving the differential equation, you get [tex]\ \ln|\frac{v_∞+v}{v_∞-v}|-\ln|\frac{v_∞+v_0}{v_∞-v_0}|=\frac{2gt}{v_∞}[/tex], (v0 is the initial velocity), that is[tex]\frac{(v_∞+v)(v_∞-v_0)}{(v_∞-v)(v_∞+v_0)}=e^{2gt/v_∞}[/tex]
As the exponential function on the right side is never negative, v_∞-v has the same sign as v_∞-v_0. If the initial speed is less than the terminal speed, the speed can never exceed the terminal speed.
ehild