Summations have always been my weakness in mathematics, and it's showing here as I'm very confused how my textbook, Introduction to Algorithms, goes from basically the second half of the following picture, to saying it's O($n^2$). I included the top half in case more information was helpful.

Can anyone explain to me (as clearly as possible, I really am poor at summations) how to get to the bottom of that equation from the summation? I'd greatly appreciate it.
I'm assuming you're talking about the step from the summation to the fraction.
The sum $$\sum_{i=0}^\infty \left(\frac 3 {16}\right)^i$$ is a geometric series with $r=\frac 3{16}$ and $a=1$. The sum of a geometric series is $$\sum=\frac a {1-r}$$so the sum of this series is $\frac 1 {1-\frac 3{16}}$.
As for the other steps: