check the picture below.
now, keeping in mind that gravity will pull the projectile down, and that'd be 9.8 m/s², that gets halfed for the initial velocity equation, so 9.8/2 or 4.9 m/s².

how high will it go? well, notice in the picture, it'll go as high as its vertex,

when will it return to the ground? well, notice the picture, when y = 0.

so after "t" seconds it comes back down.
notice is 0 at two points, at t=0 or 0 seconds, because it just took off the ground, and again the second time, when it comes back down.