I accidently do not finish the equation part. I will put it up
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From the given information the straight line equation is: y = 7x-8
If the equation of a line is in the form ax + by + c = 0 then the slope of the line will be -a/b.
As written this is not a graphable thing. I does not represent a graphable equation because there is no "=" sign. Whatever the equation might be, the x intercept is found by setting y=0, which leaves you with an equation for x, which is the intercept.
If the slope m is given at a point (xo, yo) of a line, then the equation of the line is given by: y - yo = m(x - xo)
It would be perpendicular to a line with the equation Y = 1/8 X.