Force of air and gravitational force are acting on the ball when launched from the slingshot.
When a ball is launched from a slingshot, during its travel force of air as well as gravitational force are acting on the ball because there is air which moves opposite to the motion of a ball whereas the force of gravity attracts the ball downward.
The force of air slows down the motion of the ball while on the other hand, the force of gravity brings the ball to the ground due to attraction. If these two forces are not present then the ball continues its motion forever so we can conclude that force of air and force of gravity are acting on the ball when launched from the slingshot.
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