Step 1: Compare $f(t)$ and $g(t)$.
We want to solve when $f(t)>g(t)$ or $g(t)>f(t)$.
\[
f(t) = 0.01t^2, g(t) = 4t
\]
So we compare:
\[
0.01t^2 \text{vs.} 4t
\]
Step 2: Inequality setup.
Check when $g(t)>f(t)$:
\[
4t>0.01t^2 \Rightarrow 0.01t^2 - 4t<0
\]
Factor:
\[
0.01t(t - 400)<0
\]
Step 3: Range for inequality.
This inequality is true when $0<t<400$.
Thus, for some positive $t$ (specifically, $t<400$), $g(t)>f(t)$.
Hence, statement (i) is correct.
Step 4: Check for large $t$.
As $t \to \infty$, the quadratic term $0.01t^2$ grows faster than the linear term $4t$.
Thus, beyond $t = 400$,
\[
f(t)>g(t) \forall t>400
\]
So, statement (ii) is also correct.
Step 5: Conclusion.
Both (i) and (ii) are true.
\[
\boxed{\text{Both (i) and (ii) are correct.}}
\]