Here is a sketch of the situation.
Let us now find the distance along x and y coordinates between A and B.
The distance along x coordinate is

and the distance along y coordinate is

Now, we know that P is 1/4 the distance from A to B; therefore, we take 1/4 of the x and y coordinates and see where they lead us.
1/4 fo the x coordinate is

Similarly, 1/4 of the y-coordinate is

Now we know that P is found 2 units to the right and 1 unit up from A.
Therefore, P is at

Hence, the coordinates of P are (-1, -3)