The given line is
[tex]y=4x-7[/tex]Since the equation is in slope-intercept form, we can deduct that its slope is m = 4.
It is important to know that a perpendicular line would have an opposite and reciprocal slope, which is -1/4, that's the slope of the new perpendicular line.
Then, we use the point-slope formula
[tex]\begin{gathered} y-y_1=m(x-x_1) \\ \end{gathered}[/tex]Where,
[tex]\begin{gathered} x_1=5_{} \\ y_1=-1 \end{gathered}[/tex][tex]\begin{gathered} y-(-1)=-\frac{1}{4}(x-5) \\ y+1=-\frac{1}{4}x+\frac{5}{4} \\ y=-\frac{1}{4}x+\frac{5}{4}-1 \\ y=-\frac{1}{4}x+\frac{5-4}{4} \\ y=-\frac{1}{4}x+\frac{1}{4} \end{gathered}[/tex]On the other hand, the equation y = 3 refers to a horizontal line that passes through (0,3).
A perpendicular line that passes through (4, -2) would be x = 4 because it would represent a vertical line that passes through that point.