This is a second-order linear homogeneous differential equation. We first find the characteristic equation:
\[
r^2 + 0.8r + 0.16 = 0
\]
Solving this quadratic equation using the quadratic formula:
\[
r = \frac{-0.8 \pm \sqrt{(0.8)^2 - 4(1)(0.16)}}{2(1)}
\]
\[
r = \frac{-0.8 \pm \sqrt{0.64 - 0.64}}{2} = \frac{-0.8 \pm 0}{2}
\]
Thus, we have a repeated root:
\[
r = -0.4
\]
The general solution to the differential equation is:
\[
y(t) = (C_1 + C_2 t) e^{-0.4t}
\]
Using the initial conditions \( y(0) = 3 \) and \( y'(0) = 4.5 \):
1. \( y(0) = 3 \) gives:
\[
C_1 = 3
\]
2. \( y'(t) = C_2 e^{-0.4t} - 0.4(C_1 + C_2 t) e^{-0.4t} \) and \( y'(0) = 4.5 \) gives:
\[
C_2 = 4.5
\]
Thus, the solution is:
\[
y(t) = (3 + 4.5t) e^{-0.4t}
\]
Now, to find \( y(1) \):
\[
y(1) = (3 + 4.5 \times 1) e^{-0.4} = (3 + 4.5) e^{-0.4} \approx 7.5 \times 0.6703 = 5.03
\]
Thus, the final answer is:
\[
y(1) \approx \boxed{5.03}
\]