Air resistance is a tough nut to crack, because it can behave in complex ways. My physics textbook gives only two:
R = bv
where R is the resistive force, a vector quantity directed opposite the direction of motion; v is the velocity of the object; and b is a constant (you know, one of those "constants" that varies in every situation) that represents the properties of the medium and shape/size of the object.
R = (1/2) DpAv²
where D is the "drag coefficient", p (should be a rho) is the density of air, A is the cross-sectional area of the object, and v is again the velocity. This formula is for objects moving at high speeds, such as planes, cars, and meteors.