Convert $y-\frac{3}{2}=\frac{4}{3}(x+\frac{1}{3})$ into slope-intercept form $y=mx+b$.

$y=\frac{3}{4}x+\frac{35}{18}$

$y=\frac{4}{3}x+\frac{11}{18}$

$y=\frac{4}{3}x+\frac{35}{18}$

$y=\frac{4}{3}x-\frac{35}{18}$