You need to break the 5.88 m/s velocity number into a vertical and horizontal component. Let y = the vertical component. Note that the sin(41.5°) = y/5.88. y = 5.88*sin(41.5°)= 5.88*.6626 = 3.89 m/s.
From this you need to subtract the effect of gravity which is applying a downward force of 9.8 m/s2.
The formula to use is v=v0 - gt
= 3.89 - 9.88*.31 = 3.89 - 3.06 = .83 m/s.