Answer :
The answer is "$100 of interest and $50 of the personal property tax".
Mort paid $400 of interest on the van loan
and he paid personal property tax of $200
Now,
Interest = 25% of $400
=25/100 x 400 = 0.25 x 400
Interest =$100
personal property tax = 25% of $200
=25/100 x 200 = 0.25 x 200
personal property tax = $50
Mort paid $400 of interest on the van loan
and he paid personal property tax of $200
Now,
Interest = 25% of $400
=25/100 x 400 = 0.25 x 400
Interest =$100
personal property tax = 25% of $200
=25/100 x 200 = 0.25 x 200
personal property tax = $50