heh, I'm your only hope? :-)
I would first of all want to recommend you study this properly and review this material. It's not complicated and is very important.
Do you know the formula I've written? That's what you use in the case of accelerated (constantly) bodies. Free falling bodies is a classic example.
I won't do the calculations for you but I'll guide you.
1. x(t) is the position of the object at the time t. you could just call it x. :)
You know that the ball traveled 2 meters in 0.125 sec. You know that the acceleration is a = 9.8 m/s^2(we define the direction from up to bottom to be the positive axis direction for simplicity).
So the ball starts at "0", and travels 2 meters. Its final position is therefore x(t) = 2. Plug in everything you know and get the "initial velocity" (that's the velocity when it's two meters above the ground) from the formula.
2. Take it further exactly like you showed me.
Make sure you understand why a = 9.8 and not -9.8: It is because of the way we defined that "local axis" to start two meters above the ground and to be pointing downwards.
Of course you could also choose it differently: You could say that the axis starts on the ground, and that it's pointing upwards.
Then x(t) = 0, but x_0 (initial position) would be 2, whereas a = -9.8, because it's pointing against the direction of the axis.
Hope it's clearer!