Given the following conditions of a hyperbola, solve for the standard form of its equation
Endpoints of transverse axis: (0, - 8), (0, 8)
Asymptote: y = 4x

• A. x²/32² - y²/8² = 1
• B. y²/8² - x²/2² = 1
• C. x²/32² + y²/8² = 1
• D. y²/8² + y²/2² = 1

Answer: (B)