Answer
$11,100
Work Step by Step
$$y-14,300=-1600(x-4)$$
Since 2012 is 6 years after 2006, we plug in 6 for x to have:
$$y-14,300=-1600(6-4)$$
Now, we use PEMDAS, a method for simplification. This acronym reminds us that we must first address parentheses, and then exponents. Next, we address multiplication and division, going from left to right. Lastly, we simplify addition and subtraction from left to right. This gives:
11,100 dollars