Review the table showing the balance in an investment account over time.

Which statement best describes the values of a and b in the regression model?

In the power regression model, a represents the initial value and b represents the growth factor.
In the power regression model, a represents the growth factor and b represents the initial value.
In the exponential regression model, a represents the initial value and b represents the growth factor.
In the exponential regression model, a represents the growth factor and b represents the initial value.