Drake buys a ring that costs $8,000, which depreciates at a rate of 9.5% per year. What is the value of Drake's ring after 7 years? Round to the nearest cent.

Someone answer asap for ! the total ticket sales for a high school basketball game were $2,260. the ticket price for students were $2.25 less than the adult ticket price. the number of adult tickets sold was 230, and the number of student tickets sold was 180. what was the price of an adult ticket?