The market value of a certain machine decreased by 25 percent of its purchase price each year. If the machine was purchased in 1982 for its market value of $8,000, what was its market value two years later?	Pick one:  A) $8,000  B) $5,600  C) $3,200  D) $4,000  E) $800
D.   Market value in 1982= $ 8000   Market value in 1983 = $ 8000- ($ 8000 x 25/100) = 8000-2000= 
<gadget id="calculator">8000-2000</gadget>
<output>6_000</output>
$ 6000   Market value in 1984= Market value in 1983 - (25 % of $8000)= 6000-2000= 
<gadget id="calculator">6000-2000</gadget>
<output>4_000</output>
$4000
<result>D</result>
The market value of a certain machine decreased by 25 percent of its purchase price each year. If the machine was purchased in 1982 for its market value of $8,000, what was its market value two years later?