A model for the net capital, CCC, of a tech startup (in millions of pounds) after ttt years is given by
C(t)=3t4−16t3 C(t) = 3t^4 - 16t^3 C(t)=3t4−16t3The function has exactly two stationary points, at t=0t = 0t=0 and t=4t = 4t=4.
(i) Find C′′(t)C''(t)C′′(t).
(a) (ii) Determine the nature of the stationary points. Fully justify your answer.
State the range of values of ttt for which the capital C(t)C(t)C(t) is an increasing function.
A revised model, KKK, is proposed for the same startup such that
K(t)=3t4+16t3 K(t) = 3t^4 + 16t^3 K(t)=3t4+16t3(c) (i) State the single transformation which maps the graph of CCC onto the graph of KKK.
(c) (ii) State the range of values of ttt for which KKK is an increasing function.