In order to find these answers, we must put the equation into slope-intercept form.
Slope-intercept form has the following equation: Y=mx+b
M is the slope of the equation, and b is the Y-intercept. In this case, we have to isolate the Y variable and solve

So, the M in this case is 7, and the b is .5
So, the slope of the equation is 7, and the Y intercept is .5