The projectile will reach its highest point when its velocity is zero. 
According to equation:
h = 64t - 16t² 
Differentiating it with respect to t we get the velocity. 
dh/dt = v = 64 - 32t 
For max. h, v must be zero. 
therefore t = 64/32 
 = 2sec 
putting it in h = 64t - 16t² 
we get 
h=64(2)-16(2)²
 =64 ft 
So time = 2sec 
and height = 64 ft