Hello Katie,
Two parallel lines have the same slope, so the slope of the line you're trying to find is also m = -1/2
Now: the equation of that line is of the form: y = (-1/2)*x + b. To find b for this specific line, you want to plug (8,-7) in that equation, then solve for b:
-7 = (-1/2)*8 + b
so: -7 = -4 + b
Add 4 to both sides: -3 = b
Now that you have b, the equation of the line that is parallel to y=-1/2x+18 and passes through (8,-7) is complete:
y = (-1/2)*x - 3