David S. answered 10/23/13
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Using Trig with the right triangle that is formed by the rope and the water we have a hypotenuse of 27 inches and the angle where the rope leaves the boat of 48 degrees(This is 90 - the depression angle they gave us)
The Cos of 48 degrees = Adjacent/hypotenuse = (distance from p to the water line)/27
So distance from p to the water line= 27(Cos 48) = 18.067 inches or 18 inches to the nearest inch.