The arrow is at a height of 48 ft after approximately 0.55 seconds and after 5.45 seconds.
Explanation
The given formula is:

If the initial velocity is 96 ft/s , that means

For finding the time the arrow takes to reach a height of 48 ft, we will plug
into the above formula. So......

So, the arrow is at a height of 48 ft after approximately 0.55 seconds and after 5.45 seconds.